05 October 2016
Singapore
Reporter: Barney Dixon

IPOS signs deal with DIPP


The Intellectual Property Office of Singapore (IPOS) has signed a memorandum of understanding with the Indian Department of Industrial Policy & Promotion (DIPP).

Under the memorandum, the two will establish a joint coordination committee, which will allow bilateral exchanges and cooperation to foster innovation.

This is the first bilateral agreement on industrial property cooperation between the two countries.

The deal will allow the two countries to share best practices, experiences and knowledge on industrial property awareness and deepen the industrial property capabilities of both countries.

Chief executive of IPOS, Daren Tang, said: “This memorandum of understanding reaffirms our mutual commitment towards greater cooperation in supporting the innovation ecosystem.”

“Facilitating the cross-border flow of intellectual property information and skill sets spurs the innovation-driven economy forward, and IPOS is excited to partner businesses in Singapore and India as they pursue innovation locally and beyond.”

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