<h1>Union Cabinet Approves Changes to Trade Marks (Amendment) Bill, 2007 for Enhanced Global Trademark Protection.</h1> The Union Cabinet has approved modifications to the Trade Marks (Amendment) Bill, 2007, based on recommendations from the Parliamentary Standing Committee on Commerce. The revised bill aims to enhance protection for Indian trademarks in member countries and ensure reciprocal protection for foreign trademarks in India. This is expected to facilitate technology transfer through trademark licensing and franchising, thereby boosting global business confidence in India's intellectual property rights system. Initially approved in February 2007, the bill was introduced in the Lok Sabha in August 2007 and reviewed by the committee, which largely endorsed its objectives and provisions.