India enacted The Geographical Indications of Goods Registration and Protection Act 1999 in order to...........

Economic and Social Issues Liberalization, Privatization and Globalisation

India enacted The Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations

ILO

IMF

UNCTAD

WTO

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Explanation:

Geographical Indications (GI) are one of the eight intellectual property items coming under WTO’s TRIPs (Trade Related Intellectual Property Rights). The GI provision allows member countries to protect products belongs to a specific territory against commercial exploitation by other parties. This can be done by including such products in a Geographical Indications Registry.