Question

Write a note on WIPO Intergovernmental Committee?

12 Feb 2018
Answer :
Word Count : 763

The WIPO Intergovernmental Committee on Intellectual Property and Genetic Resources, Traditional Knowledge and Folklore is, in accordance with its mandate , undertaking text-based negotiations with the objective of reaching agreement on a text(s) of an international legal instrument(s), which will ensure the effective protection of traditional knowledge (TK), traditional cultural expressions (TCEs) and genetic resources (GRs).

The World Intellectual Property Organization (WIPO) is a United Nations (U.N.) agency charged with protecting intellectual property (IP) through an international system that promotes and sustains creativity and innovation and helps develop international economies.

WIPO is dedicated to protecting IP by working with worldwide organizations. It enlists the cooperation of member states through the nine foundational goals of its Strategic Plan. Strategies adopted by member states and organizations include:

  • Developing a global IP infrastructure
  • Building international respect for IP
  • Supporting structures used to facilitate financial and administrative functions
  • Implementing global policy issues related to IP

Other strategic goals outlined at the WIPO website are designed to facilitate the Strategic Plan of WIPO.

 The World Intellectual Property Organization (WIPO) is dedicated to helping to ensure that the rights of creators and owners of intellectual property (IP) are protected worldwide and that inventors and authors are, thus, recognized and rewarded for their ingenuity. The intellectual property system offers a number of safeguards and incentives that act as a spur to

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