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Context: Department for Promotion of Industry and Internal Trade(DPIIT), Ministry of Commerce and Industry has signed a Memorandum of Understanding (MoU) on 2nd December 2020, in the field of Intellectual Property Cooperation with the United States Patent and Trademark Office (USPTO), Department of Commerce of the United States of America.
MoU aims at:
The MoU aims at increasing IP co-operation between the two countries by way of:
About National Intellectual Property Rights (IPR) Policy
The Policy aims to push IPRs as a marketable financial asset, promote innovation and entrepreneurship, while protecting public interest.
https://www.pib.gov.in/PressReleasePage.aspx?PRID=1678004
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