New Delhi, March 13 (IANS) In a move to boost foreign investor confidence in relation to protection of intellectual property (IP) in India, the Cabinet on Wednesday approved the proposal for Accession to the Nice, Vienna and Locarno Agreements, which will allow India an opportunity to include Indian designs, figurative elements and goods in the international classification systems.
An official statement said the proposals approved are for India's accession to The Nice Agreement concerning the International Classification of Goods and Services for the purposes of registration of marks; The Vienna Agreement establishing an International Classification of the figurative elements of marks; and The Locarno Agreement establishing an international classification for industrial designs.
These agreements will help the Intellectual Property Office in India to harmonise the classification systems for examination of trademark and design applications, in line with the classification systems followed globally.
The accession would also facilitate in exercising rights in decision-making processes regarding review and revision of the classifications under the agreement.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz