United States & India discuss IP-led solutions to the global pandemic

New Delhi: The U.S. Chamber of Commerce’s Global Innovation Policy Center (GIPC) and U.S.-India Business Council, in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI), convened government and industry leaders for its 3^rd annual IP Dialogue. This year’s Dialogue proved to be incredibly impactful, with intellectual property playing such a key role in efforts to study and combat the ongoing global pandemic.

“IP Dialogue: Opportunities for U.S.-India Collaboration” featured experts from India’s Department for Promotion of Industry and Internal Trade (DPIIT), U.S. Patent and Trademark Office, U.S. Department of State, and Office of the U.S. Trade Representative, along with other government, private sector, and academic experts. Participants discussed a broad range of IP-related topics, including innovation, public-private partnership response to the pandemic, collaboration in fighting copyright and trademark infringement, best practices for technology transfer and IP commercialization, and policy approaches to trade secrets in the digital age. 

“This month’s promising news on vaccines and treatments for coronavirus is a signal that the UN framework for intellectual property is working. Globally, we’ve mounted an all-hands-on deck response, with the private sector leading the charge to deliver a safe, effective vaccine for this terrible disease. India, with its strong domestic industry and innovative capacity, can play a major role in fighting the pandemic—the time is now.” said Patrick Kilbride, senior vice president of the U.S. Chamber’s Global Innovation Policy Center. 

“Intellectual capital fuels the creative economy. As India’s IT industry advances and its content economy grows, an effective IPR regime is foundational to achieving the government’s goal of a $1 trillion digital economy. IPR protections also support the success of Digital India, Make-in-India and other cornerstone initiatives,” said Nisha Biswal, president of the U.S. Chamber’s U.S.-India Business Council. “The IP Dialogue is an opportunity for the U.S. and Indian governments to come together to discuss an issue critical to our bilateral relationship.”