Cabinet approves accession to the WIPO Copyright Treaty (WCT) on 4th July 2018
The Union Cabinet on Wednesday approved accession to the WIPO Copyright Treaty which extends coverage of copyright to the Internet and digital environment.
The Centre said the approval of the Department of Industrial Policy and Promotion proposal will “enable creative right-holders [to] enjoy the fruits of their labour, through international copyright system that can be used to secure a return on the investment made in producing and distributing creative works.”
The treaties would also enable Indian right holders to get reciprocal protection out of India also.
Benefits of the Treaty:
Meeting the demand of the copyright industries, these treaties will help India:
· To enable creative right-holders enjoy the fruit of their labour, through international copyright system that can be used to secure a return on the investment made in producing and distributing creative works;
· To facilitate international protection of domestic rights holder by providing them level-playing field in other countries as India already extends protection to foreign works through the International Copyright order and these treaties will enable Indian right holders to get reciprocal protection abroad;
· To instil confidence and distribute creative works in digital environment with return on investment; and
· To spur business growth and contribute to the development of a vibrant creative economy and cultural landscape.
For More Details please follow the DIPP Press Release |
Regards
Mr. Pralhad Jadhav
Senior Manager @ Knowledge Repository
Khaitan & Co
Mobile @ 9665911593
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