CURRENT AFFAIRS

Detailed explanation-1: -The Union Minister of Commerce and Industry has launched a tutorial video on “Intellectual Property Rights (IPR)” for school students and the Geographical Indications (GI) website.

Detailed explanation-2: -Geographical indications (GIs) are intellectual property (IP) rights that serve to identify a product that originates from a specific geographical area and that has a quality, reputation, or other characteristics that are essentially attributable to its geographical origin.

Detailed explanation-3: -Geographical Indications of Goods are defined as that aspect of industrial property which refer to the geographical indication referring to a country or to a place situated therein as being the country or place of origin of that product.

Detailed explanation-4: -According to World Trade Organization Geographical Indication means “Indications which identify a good as originating in the territory of a country, or a region or locality in that territory, where a given quality, reputation or other characteristics of the good is essentially attributable to its geographical origin".

Detailed explanation-5: -What are Geographic Indicators (GI)? Many countries have their own GI systems; however, the WTO TRIPS (Trade-Related Aspects of Intellectual Property Rights) Agreement established the international protection of GIs.