US launches review of India's IP regime

Written by ENS Economic Bureau | New Delhi | Updated: Oct 15 2014, 13:51pm hrs
IPRThe US on Tuesday launched a review of India?s intellectual property rights (IPR) regime following its Special 301 report. (Thinkstock)
The US on Tuesday launched a review of Indias intellectual property rights (IPR) regime following its Special 301 report released in April this year.

In a notice put on its website, the United States Trade Representative (USTR) has sought comments from the public identifying Internet and physical markets based outside the US that should be included in the 2014 Notorious Markets List. The comments can be given till October 31.

This is essentially the out-of-cycle review, meaning that America is conducting an additional review of the IPR policy of India, after putting it under the Priority Watch list instead of Priority Foreign Country, as was being demanded by US industry.

However, the US, in the Special 301 report, had said that it would conduct an OCR of India focusing, in particular, on assessing progress made in establishing and building effective, meaningful, and constructive engagement with the Indian government on the concerns on IPR policy.

A commerce ministry official said that the move is unilateral in nature and India will take note of only those issues which are discussed bilaterally on the trade forum of the two nations. Also, the official added that in case of any grievance, the US should approach the dispute settlement authority of the WTO.

The move by the USTR comes soon after Prime Minister Narendra Modi made a high profile visit to the US last month. The PTI quoted an official as saying, The USTR is aware that India is pursuing a new IP policy and there is certainly some track record for engagement, but we need this engagement to reach to substantive results. (With PTI)