SpicyIP Tidbits: IP in Free Trade Agreement

The Financial Express reports that Commerce Minister Kamal Nath is all set to make IP a part of the free trade agreement to be finalised by early 2009 between India and the European Free Trade Association (EFTA)- established in 1960 and comprising of countries such as Iceland, Liechtenstein, Norway and Switzerland.

While earlier the EFTA and India had a joint study group, they now plan to move towards a broad-based trade and investment agreement after positive recommendations and feedback. This agreement plans to include IP as its focus apart from other areas of trade such as industrial and agricultural goods and services. Supposedly, Geographical Indication will also find a place in this proposed agreement.

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