BANGALORE, India The U.S. and India will sign an Indo-US Science and Technology Umbrella Agreement that is expected to resolved lingering intellectual property issues, according to India’s minister for science and technology.
The United News of India on Friday (Sept. 2) quoted Minister Kapil Sibal as saying: "In the last ten years, [India and the U.S.] were not able to agree because the U.S. wanted a particular way with IP issues."
Those issues have apparently been resolved to Washington's satisfaction, and an agreement is expected to be signed in October during Sibal’s visit to the U.S., the report said. “It's a great step forward because, with this umbrella agreement, we will be able to cooperate with the US in all levels of scientific activity. From our end, [that means] product development."
Both nations will benefit from the deal, which will help India speed cooperation in research areas like nanotechnology, Sibal said.