Govt. denies bowing to U.S. pressure on IP regime
The Modi Government…denied that the reference to Intellectual Property Rights (IPR) in the joint statement from U.S. President Barack Obama and Prime Minister Narendra Modi earlier this week, was an outcome of the U.S. “arm-twisting”. The U.S. consent to discussion of IPR issues through the bilateral mechanism is a re-affirmation of India’s stand that issues need bilateral discussion and not unilateral action, a Department of Industrial Policy and Promotion (DIPP) clarification said…The joint statement, the DIPP clarified, in fact “merely reiterates” the position India has held since 2010 — this consistent position being that the IPR legal regime in India is fully TRIPS compliant and that issues to be discussed have to be taken up in bilateral forums like TPF.