India is among six countries, including China and Russia, on the priority watch list in a special report released by the US Trade Representative on Thursday that deals with adequacy and effectiveness of trading partners' protection and enforcement of intellectual property (IP) rights. The US Special 301 report 2026 lists Vietnam as the Priority Foreign Country (PFC), marking the first time in 13 years that any country is listed in that particular category. "The PFC identification is reserved by statute for countries with the most egregious IP-related acts, policies, and practices with the greatest adverse impact on relevant US products," the USTR said. It said that Vietnam is not entering into good faith negotiations or making significant progress in negotiations to provide adequate and effective IP rights protection. The six countries on the priority watch list include Chile, China, India, Indonesia, Russia and Venezuela. Placement of a trading partner on the Priority Watch List
The results were based on a detailed review by WIPO which analysed patent activity starting from January 2020 through September 2022
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On Thursday, India and the US signed an MoU to increase cooperation in the field of intellectual property (IP).
However, if an institution determines that an invention was made by an individual on his or her own time and was without use of its resources, then the invention shall vest with the individual
India's approach towards protection of intellectual property (IP) has undergone a paradigm shift in recent times
The policy announced takes steps to promote IPR awareness and enhances the administration, management and enforcement of IPR
New intellectual property rights policy a step forward