India, Denmark sign MoU on Intellectual Property issues
Union Cabinet had given approval for signing of the MoU with Denmark on September 15
India on Saturday signed MoU in the field of Intellectual Property Cooperation with the Danish Patent and Trademark Office.
With this, the two countries will be able to exchange best practices, experiences and knowledge on IP awareness among public, authorities, businesses and research and educational institutions of both countries.
The signing of the MoU, for which the Union Cabinet had given its approval on September 15, will facilitate the two countries in having collaboration in training programmes, exchange of experts, technical exchanges and outreach activities.
It will also lead to exchange of information and best practices on processes for disposal of applications for patents, trademarks, industrial designs and Geographical Indications, as also the protection, enforcement and use of IP rights.
It will also lead to cooperation between the two sides in the development of automation and implementation of modernization projects, new documentation and information systems in IP and procedures for management of IP.
Besides, it will move the two countries close to each other in understanding how Traditional Knowledge is protected; including the use of traditional knowledge related databases and awareness raising of existing IP systems.
The MoU was signed by Dr. Guruprasad Mohapatra, Secretary in the Ministry of Commerce and Industry’s Department for Promotion of Industry and Internal Trade and Freddy Svane, Ambassador of Denmark.
The two sides will draw up a Biennial Work Plan to implement the MoU which will include detailed planning for carrying out the cooperation activities, including the scope of action.
This MoU will go a long way in fostering the cooperation between India and Denmark, and provide opportunities to both countries to learn from the experience of each other, especially in terms of best practices followed in the other country.
It will be a landmark step forward in India’s journey towards becoming a major player in global innovation and further the objectives of National IPR Policy, 2016.