India Signs Up The Internet Copyright Treaty

The latest break-through in Intellectual Property in India is Union Cabinet approving the proposal to accede to the WIPO Copyright Treaty, 1996 ('WCT') and the WIPO Performance and Phonograms Treaty, 1996 ('WPPT').  These Treatises came into existence in the time when internet was considered to be a big thing in the year 2002. It deals with the protection of works and the rights of their authors in the digital environment and hence called as 'Internet Treaties'. Commerce and Industry Minister Suresh Prabhu said that the potential benefits to the domestic industry and individual right holders of accession to these treaties include fair monetization of their work, return on investment in the digital domain, and protection in foreign countries.