- Intellectual Property Rights are related to the original rights of the manufacturer/Innovator upon their products/innovations. India’s IPR ecosystem has not been up to the mark. Against USA’s 2,50,000 Patents every year, India files only 22,000 Patents a year.
- US Trade Representative has placed India on a watchlist along with Russia and China. This is meant to keep a check on Indian products. It may hamper the Indian export to the US market as well.
- India is a signatory to the following
- WIPO Performance and phonograms Treaty
- WIPO Copyright Treaty
- Nice Agreement 2019
Question:
Q.1 Which of the following countries has placed India on the IPR watchlist?a. Pakistan
b. Germany
c. Russia
d. USA
