Jakarta, Aug. 11 -- Law Minister Supratman Andi Agtas has initiated the Jakarta Protocol for global platform royalty transparency, in a bid to establish a balance between creators' rights and people's needs to access creative works.

Agtas said here on Monday that he is committed to designate intellectual property as the basis to develop a knowledge-based economy. According to Agtas, the initiative will create a global framework to meet the targeted balance and goals.

Coordinating with the World Intellectual Property Organization (WIPO) will push the progress, enabling a comprehensive and measured roadmap tailored to both parties' needs, the minister said during a visit from the global organization.

Director General of WIPO Daren Tang c...