Consider the following statements regarding Geographical Indications (GIs).
- Geographical indication is a sign which is used in the course of trade and it distinguishes goods of one enterprise from those of other enterprises.
- Like Intellectual Property Rights (IPRs), GI also guarantee the protection of individual interest of the product developer.
- The registration of a geographical indication is valid for a period of 10 years.
Which of the above statements is/are correct ?
only 1
only 2 and 3
only 3
only 1 and 2
