Why Geographical Indication Is Important?
Geographical Indications Have Been Given the Status of Intellectual Property Since the Product Gets More Value Commercially by Its Mere Association with a...
Geographical Indications have been given the status of intellectual property since the product gets more value commercially by its mere association with a particular place. GIs helps in the identification of a source of a good which in turn is related with the quality of good.
What is the purpose of a geographical indication?
A geographical indication (GI) is defined in the TRIPS Agreement as an indication which identifies a good as originating in the territory of a member, or a regional locality in that territory, where a given quality, reputation or other characteristic of the good is essentially attributable to its geographical origin.
Why should we protect geographical indications?
Geographical indications protect your products against misuse or imitation of the registered name and guarantee the true origin of the product to your customers. These rules ensure you and all producers in the given geographical area have collective rights over the product, as long as certain requirements are met.