Sweden
and India – A step towards deeper ties between the two nations!
In
recent times, IPR has been in limelight in India. The Modi government is trying
hard to give a strong IPR regime in India. This will in turn benefit
entrepreneurs, investors and businesses. For this purpose, the Cabinet meeting,
led by Prime Minister Narendra Modi approved the proposed MoU on IPR
cooperation between Sweden and India.
The
MoU has set up a wide ranging and flexible system through which the two nations
can trade best practices and cooperate with each other in organizing training
programs and technical exchanges to highlight the issues on IPR and better
protection on Intellectual Property Rights among public, SMEs and educational
institutions of both the countries.
This
in turn would help India to exchange experiences in innovation and IP ecosystem
which will also enhance the knowledge of IPR. This will be a giant step towards
India becoming a major player in Global Innovation and consequently will also
further the objectives of National IPR Policy, 2016. The MoU will also cover cooperation in
automation and modernisation projects, new documentation and information system
in IP and procedures for management of intellectual property.
