USIBC Current Affairs - 2019
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The first ever India-US Dialogue on Intellectual Property (IP) was launched in New Delhi to deepen bilateral strategic cooperation on IP policy. It was launched by US Chamber of Commerce’s Global Innovation Policy Center (GIPC) and Industry body Federation of Indian Chambers of Commerce & Industry (FICCI) in partnership with US-India Business Council (USIBC). It will be convened annually, alternating between New Delhi and Washington, DC.
India-US Dialogue on Intellectual Property
The dialogue aims to identify solutions and also share technical knowledge and expertise between both countries in IP domain. It will provide platform to experts from both countries to develop stronger understanding of uniform IP frameworks and create solutions in collaborative way. The discussions under this dialogue included focus on joint opportunities and challenges related to whole spectrum of IP, including patent filing, regulatory landscape, copyright and infringement, technology transfer, and enforcement. Its recommendations will be shared with both governments to deepen strategic cooperation on IP policy.
Former US Assistant Secretary of State for South and Central Asia Nisha Desai Biswal was appointed as President of US-India Business Council (USIBC).
USIBC is a forum of US businesses part of US Chamber of Commerce (USCC), the largest lobbying organisation in the country that wields real political power in Washington.
Nisha Biswal is Indian-American who was Assistant Secretary of State for South and Central Asian Affairs from 2014 to 2017. She was nominated for post by US President Barack Obama in July 2013. Prior to that, she was Assistant Administrator for Asia at US Agency for International Development (USAID).
Currently she is senior advisor for Albright Stonebridge Group, a global business strategy firm. At ASG, she works with the India & South Asia practice. She had immigrated to US from India with her parents.
US-India Business Council
US-India Business Council is premier business advocacy organization dedicated to strengthening the economic and commercial relationship between US and India. Its primary mission is to serve as the direct link between business and government leaders.
It aims to create inclusive bilateral trade environment between India and US by serving as voice of industry, linking governments to businesses. It also aims at supporting long-term commercial partnerships that will nurture spirit of entrepreneurship, create jobs, and successfully contribute to global economy.