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Thursday, May 04, 2006

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India wants tighter US IPR Regime

 

Citing numerous instances of US companies trying to patent and monopolize traditional knowledge, India asked the US to tighten its Intellectual Property Rights (IPR) regime and institute better verification and compliance norms. Department of Industrial Policy & Promotion Secretary Ajay Dua said that India's traditional knowledge system is under threat because the US does not require its companies to completely disclose its sources.

Dua accused the US Patent & Trademark Office of granting patents to companies "not even concerned" with relevant areas. Dua said, "India is concerned because we have also become generator of patents."

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Visiting Under-Secretary for International Trade Franklin Lavin said that a "vibrant IPR regime is critical to the promotion of a creative, technologically advanced economy" in India. He announced that the US would post a representative to create a world-class system in India.


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