News:

This week IPhone 15 Pro winner is karn
You can be too a winner! Become the top poster of the week and win valuable prizes.  More details are You are not allowed to view links. Register or Login 

Main Menu

Trade group seeks more U.S. pressure on India over patent protection

Started by riky, February 08, 2014, 09:00:22 AM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

riky

Trade group seeks more U.S. pressure on India over patent protection

<p><a href="http://news.yahoo.com/trade-group-seeks-more-u-pressure-india-over-184301212--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/HB8nZlY6AEspWEpyMcA6nA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-07T184301Z_1_CBREA161G0300_RTROPTP_2_INDIA-DRUGS.JPG" width="130" height="86" alt="A patient holds free medicine provided by the government at RGGGH in Chennai" align="left" title="A patient holds free medicine provided by the government at RGGGH in Chennai" border="0" /></a>The U.S. Chamber of Commerce on Friday called on the government to ratchet up pressure on India over intellectual property rights, in a move that could help prevent Indian companies from producing cheap generic versions of medicines still under patent protection. In a submission to the Office of U.S. Trade Representative (USTR), the Chamber of Commerce requested that India be classified a Priority Foreign Country, a tag given to the worst offenders when it comes to protecting intellectual property, and one that could trigger trade sanctions. India is currently on the U.S. government's Priority Watch List for countries whose practices on protecting intellectual property Washington believes should be monitored closely. In its new submission, the Global Intellectual Property Center (GIPC) of the Chamber of Commerce said: &quot;We highlight India as a country with particular challenges with respect to intellectual property protections.&quot; &quot;Because India has not shown a record of engagement on these issues and the environment has deteriorated significantly since last year, we are now recommending that India be designated a Priority Foreign Country,&quot; it said.</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login
You are not allowed to view links. Register or Login