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  Business Oppertunities »Government Policies and Acts

  Foreign Investment and Technology Transfer Act
 
  The Foreign Investment and Technology Transfer Act 1992 defines " Technology Transfer " as   any transfer of technology to be made under an agreement between an industry and a   foreign   investor on the following matters:
  • Use of any technological right, specialization, formula, process, patent or technical know how of foreign origin.
  • Use of any trademark of foreign ownership.
  • Acquiring any foreign technical, consultancy, management and marketing service.

 

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