The MoU will enable India to exchange experiences in the innovation and IP ecosystems that will substantially benefit entrepreneurs, investor and businesses on both sides.

The exchange of best practices between the two countries will lead to improved protection and awareness about India's range of Intellectual creations which are as diverse as its people.

It will be a landmark step forward in India's journey towards becoming a major player in global innovation and will further the objectives of the National IPR Policy, 2016.

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