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WIPO Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge: Concerns of India and Developing Nations- Part II

SpicyIP

The treaty’s implications vary based on two hypothetical scenarios for India: Scenario 1- Technological Boom by 2030-35 in India especially for domestic Indian Patents : If India achieves significant technological advancements, patents owned by Indian entities may gain high demand in developed nations. provision on “declaration”.