India’s Department of Commerce has called for coordination among various ministries for a consensus on adoption of intellectual property (IP) protection measures. The move would ensure that the measures go beyond what is obligatory under the World Trade Organisation’s TRIPS (trade-related aspects of intellectual property rights) agreement, comments the local newspaper Business Standard.
The suggestion is significant as TRIPS plus provisions like data exclusivity in medicines are some of the key demands that are delaying the progress of free trade and economic cooperation agreements between India and its developed country partners, including negotiations with the European Union on an FTA.
UN Political Declaration
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