NABARD trends increase in state wise fund disbursments for Agro Development (See 'Corpbrief') SCRA, 1956 - Advocate representing listed company before Delisting Committee does not stand at same footing as other officers & directors : SAT (See 'Legal Desk') PMLA, 2002 - Retrospective penalization as per second proviso to Section 5(1) is permissible in respect of property acquired before enactment of such provision if offence alleged is continuing offence: HC (See 'Legal Desk') RBI Dy Governor Viral Acharya puts in his papers Binny Bansal sells Flipkart shares worth Rs 531 Cr to Walmart 8 Maruti Suzuki models feature in list of top 10 best-selling cars in India Bitcoin prices surge 13% to cross USD 11000 271 companies scalped in 3 years for investors' protection: FM (See 'Corpbrief') Public banks outclass private ones in loan types & approval: Fin Min (See 'Corpbrief') PMEGP scheme provided job to 5.87 lakh persons so far: Gadkari (See 'Corpbrief') No proposal from any State to set up local bank: FM (See 'Corpbrief') IBC, 2016 - Foreign court order of bankruptcy against Indian Company of country with which no reciprocal arrangement exist with UOI has no applicability in India: NCLT (See 'Legal Desk') IBC, 2016 - During pendency of application u/s 7, trial court addressing suit to restrain transfer of shares cannot reject such application without considering application for amendment of suit brought to distinguish suit and save it from rejection: HC (See 'Legal Desk') BHEL bags emission control equipment order from NTPC subsidiary (See 'Corpbrief') BSR & Associates LLP resigns as auditors of IL&FS amidst MCA chasing ban Jet Airways case: NCLT Admits SBI's insolvency petition; refuses to withold bankruptcy order of Netherlands court CCI okays merger of Indiabulls Housing Finance & Lakshmi Vilas Bank Tax rebates aiding domestic textile sector to compete with MNC brands: Irani (See 'Corpbrief') PMKSY - Over 2 lakh youth turned entrepreneurs till June 2019: MoS (See 'Corpbrief') Fund of Funds - 31 start-ups receive aid this fiscal (See 'Corpbrief') Govt rearing workforce skilled in handling AI: RK Singh (See 'Corpbrief') Govt okays disinvestment plan in Hindustan Organic Chemicals Ltd (See 'Corpbrief') SEBI, 1992 - Promoters of NDTV cannot be restrained to hold key managerial positions during disposal of appeal relating to violation of PFUTP Regulations if it is not in interest of investors: SAT (See 'Legal Desk') Competition Act 2002 - Contravention of Section 3(4) cannot be said to have occurred if restrictions placed by cell phone distributors due to high inter-brand competition do not cause harm to consumers: CCI (See 'Legal Desk') Handling of Clients’ Securities by Trading Members/Clearing Members Harley-Davidson in talks with Hero MotoCorp for outsourcing 250-500 cc motorcycle production Govt to offer collateral-free loans of upto Rs 50 lakhs: Kovind Tech Mahindra inks multi-year contract with Airbus for cabin & cargo design engineering Microsoft's Satya Nadella & Adobe's Shantanu Narayen among top 10 CEOs in USA: Glassdoor survey Govt okays creating agency to resolve renewable energy disputes (See 'Corpbrief') Govt appoints New Judicial & Technical members at NCLT Benches

WTO Members witness trial launch of e-TRIPS gateway

Published: Jun 13, 2019


GENEVA, JUNE 13, 2019: THE WTO members recently saw the trial launch of the e-TRIPS gateway, the online information portal that allows members to search and extract the full range of TRIPS information managed by the WTO Secretariat, at the meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) on June 6. Under newly-elected chair Ambassador Lundeg Purevsuren of Mongolia, members also discussed IP policies on branding, creative industries and public-private partnerships under the theme of IP and innovation.

The WTO Secretariat provided an update on the e-TRIPS project, which aims to streamline and bring up to date the information services the Secretariat provides to WTO members. It comprises two separate but integrated online tools – first, the e-TRIPS Submission System, a means for submitting TRIPS notification and review material; and second, the e-TRIPS gateway, which provides a wide range of opportunities for delegates to access and make use of TRIPS information.

Regarding the e-TRIPS Submission System, launched after the previous meeting of the TRIPS Council on February 13, the Secretariat said it is now ready to be used in the three WTO official languages: English, French and Spanish. To date, over 35 members have requested login credentials and the Secretariat will continue assisting delegates in Geneva and capital-based officials in its practical use.

Concerning the e-TRIPS gateway, the Secretariat informed the Council that a beta version of the gateway will be released in the coming weeks for testing by delegations. Upon completion, the e-TRIPS gateway will be integrated into the WTO website and open to the public. The new portal will make it a lot easier for delegates (and eventually for the public) to quickly research, retrieve and analyze TRIPS-related data. A demonstration of the e-TRIPS gateway highlighted its key features.

The Secretariat acknowledged the helpful feedback and collaboration of many delegates who over an extended development process have helped to shape and refine the different elements of the e-TRIPS project.

IP and innovation

WTO members continued discussions on the role intellectual property (IP) plays as a driver for more inclusive innovation. They specifically reflected on IP and innovation in the context of branding and creative industries, taking into account various forms of public-private partnerships in IP promotion. Part of the series of TRIPS Council discussions on IP and innovation launched in 2012, this theme was put on the agenda at the request of Australia, Canada, Chile, the European Union, Japan, Korea, Singapore, Switzerland, Chinese Taipei and the United States.

Proponents noted the importance of exploring the role of creative industries and branding in a context where it is widely recognized that 'innovation' is not limited to 'inventions'. Rather, as defined by the World Intellectual Property Organization (WIPO) and the United Nations Educational, Scientific and Cultural Organization (UNESCO), it encompasses "the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organizational method in business practices, workplace organization, or external relations".

Acknowledging that developing economies' participation in trade in creative goods has increased, and that 68 per cent of the world population is projected to live in urban areas by 2050, proponents said that a resilient innovation policy should include specific regional and rural branding and promotion strategies to respond to changing economic and geographic contexts.

Examples were provided on how the public sector can support the private sector through branding and promotion strategies at national and regional level, on the role intellectual property rights (IPRs) should play in the context of local innovation and public-private collaboration, as well as on the experience of creating innovative business models utilizing local IPRs.

Several members highlighted that creative industries, including the performing and literary arts, and the design, media and entertainment industries, play an important role in contributing economic value and in enriching culture. However, since many artists and small and medium-sized enterprises (SMEs) are not familiar with their IPRs and how to use them to grow their businesses, this is where the public sector can support them in protecting and using IP, as well as through promotion strategies and IP management, proponents added.

Recognizing that IPRs provide an incentive to innovation, some members emphasized that they are only effective in certain contexts and stressed the need to strike an appropriate balance between providing incentives for innovation and ensuring that resulting advantages contribute to the societal benefit in an equitable manner.