Syllabus: GS-II
Subject: International Relations
Topic: India’s relations with other countries.
Issue: European FTA
Context: India rejected the European FTA’s demand for ‘data exclusivity’.
Synopsis:
- Data exclusivity shields innovator companies’ technical data from competitors.
+ Prelims Connect:
· Generic Drugs: These are medications that contain the same active ingredients as brand-name drugs and are typically sold at a lower cost.
· European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. |