Intellectual property rights (IPRs) never received attention in matters of foreigneconomic policy until an agreement on IPRs was brought into the negotiations duringthe Uruguay Round of trade negotiations and subsequent incorporation of the Trade-Related Aspects of Intellectual Property Rights...

The outbreak of COVID-19 in Wuhan, China and the lockdown that followed had disrupted the supply of APIs and their intermediates and starting materials to India, leading to a temporary restriction on export of certain medicines from India. The PLI scheme that was announced subsequently aimed at...

Liberalisation of outward FDI (OFDI) in India at the beginning of this millennium had resulted in a spurt in OFDI flows from India. Automotive was one of the leading sectors of origin of OFDI. Interestingly, it was also found that nearly half of the total innovation-oriented greenfield...

This paper aims to estimate the quantum of inflow of FDI in R&D in India, identify the sectors which receive FDI in R&D, identify the nature and characteristics of investors and investee firms and examine the innovation performance of investee firms in terms of R&D expenditure, patents and...

The proposal for an investment facilitation agreement has brought about a new dynamism on investment issues at the WTO. Unlike in the past, it is the developing countries and least developed countries who champion the discussions. They hold that trade and investment policies are inseparable.

There has been discussion in WTO on initiating negotiation on an investment facilitation agreement during the 11th Ministerial Meeting of WTO which will take place on 10-13 December in Buenos Aires, Argentina. The proposals submitted in WTO indicate that the agreement aims to smoothen the...

This paper highlights some of the provisions in India's Bilateral Investment Promotion and Protection Agreements that have enabled foreign investors to win cases before international arbitration tribunals. Warning that these disputes with foreign investors signal the emerging struggle between...

Liberalization measures in the pharmaceutical sector have brought about major changes in the industrial licensing policy, import restrictions, foreign direct investment and production controls. It was feared that firms would shift from indigenous production to imports, especially of bulk drugs,...

A set of policy reforms were introduced in the Indian pharmaceutical sector since mid 1990s aimed at incentivizing the private sector R&D. Patent reforms was the most significant policy reform. An implicit assumption that the Indian pharmaceutical firms have become capable of developing new...

Limitations of the national law in remedying biopiracy led to the negotiations on an international regime on Access and Benefit Sharing. The deliberations were stuck for a long time due to the extreme divergent views of the developed countries on the one hand and of the biodiversity rich...