On December 02, 2020, The Department for Promotion of Industry and Internal Trade (DPIIT), and the United States Patent and Trademark Office (USPTO) signed an MoU to facilitate the exchange and emulation of optimum practices followed by each office.

The key areas or objectives that the MoU seeks to address are, inter alia, Capacity Building, Human Resource Development, Public Awareness Programmes.

The MoU also seeks to promote sharing of experiences and IP knowledge to various sections, individuals and businesses alike, by initiating and promoting participation in programs and events.

The parties will also ensure that there will be collaborative training programmes and outreach activities along with exchange of experts and expert/technical opinions.

The MoU also mentions that the parties will come together to understand the various issues related to traditional knowledge, and the exchange of best practices, including those related to traditional knowledge databases and awareness-raising on the use of existing IP systems for the protection of traditional knowledge.

As per the MoU, the parties will draw up an Annual Action Plan to set out collaborative objectives and activities for each year.

A Joint Consultative Mechanism (JCM) will be set up for drawing the Annual Action Plans and will monitor the activities under the MoU.

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