Govt of India (Cabinet) approves Memorandum of Understanding between India and Italy on Cooperation in the field of Industrial Property Rights
15 DEC 2023
Industrial property legislation is part of the wider body of law known as intellectual property (IP) which refers broadly to the creations of the human mind. IP rights protect the interests of innovators and creators by giving them rights over their creations.
The Convention Establishing the World Intellectual Property Organization (1967) does not seek to define IP, but lists the following as protected by IP rights:
- literary, artistic and scientific works;
- performances of performing artists,
phonograms and broadcasts; - inventions in all fields of human endeavor;
- scientific discoveries;
- industrial designs;
- trademarks, service marks, and commercial names and designations;
- protection against unfair competition;
and - “all other rights resulting from intellectual activity in the industrial, scientific,
literary or artistic fields”.
The importance of protecting IP was first recognized in the Paris Convention for the Protection of Industrial Property (1883) (Paris Convention) and the Berne Convention for the Protection of Literary and
Artistic Works (1886) (Berne Convention). Both treaties are administered by the World Intellectual Property Organization (WIPO). Read more
The Union Cabinet (Government of India) chaired by the Prime Minister, Shri Narendra Modi, today has given its approval for signing of Memorandum of Understanding between the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry of the Republic of India and the Directorate General for the Protection of Industrial Property-Italian Patent and Trademark Office of the Ministry of Enterprises and Made in Italy of the Italian Republic on Cooperation in the field of Industrial Property Rights.
Benefits:
The MoU will promote between the Participants the establishment of a mechanism that allows them to develop cooperation activities in the field of IP and information technology services related to this field.
Background:
The purpose of the MoU is to support enterprises, especially start-ups and SMEs in accessing to and participating in the national and international IPR systems. The MoU also seeks to streamline the procedures related to the processing of IPR applications, fostering IP awareness, and encouraging IPR commercialization and enforcement.
The activities under the MoU will provide an opportunity for the exchange and dissemination of best practices, experiences, and knowledge in the field of IPRs through the participation in programs and events, organized singly or jointly by the Participants.
Read also
Intellectual Property Laws in India
Background of the Intellectual Property in Europe
Intellectual Property Rights: Bibliography