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‘$100-BN INVESTMENT TARGET LED TO BREAKTHROUGH’
Why in the news?
EFTA countries aim for $100 billion investment and 1 million jobs in India, emphasising private sector involvement and market interest.
About Data Exclusivity and Bilateral Investment Treaty (BIT):
- Data exclusivity clause unresolved; focus shifts to negotiating a Bilateral Investment Treaty post-elections for investment protection.
- Intellectual Property Rights (IPR) pivotal; India offers a working Patents regime, meeting Switzerland halfway in TEPA negotiations.
- Switzerland denies bullying allegations, emphasises collaborative negotiations, and regrets any leaked draft texts in TEPA talks.
source:slideserve
| About Intellectual property (IP):
● Intellectual property (IP) is a valuable asset, encompassing creations of the mind like inventions, art, designs, and reputational advantages. ● WIPO sets rules granting exclusive rights to creators, ensuring commercial benefits through Intellectual Property Rights (IPR). ● IP includes patents, trademarks, copyrights, trade secrets, and industrial designs, protecting various forms of innovation and creativity. |
