US places India on IPR Priority Watch List

Image
IANS Washington
Last Updated : Apr 30 2014 | 10:11 PM IST

The US Wednesday put India and nine other countries on its Priority Watch List to highlight what it called "growing concerns with respect to the environment for Intellectual Property Rights (IPR) protection and enforcement".

Releasing its annual Special 301 report on IPR, the US Trade Representative (USTR) said it will conduct Out-of-Cycle reviews to promote engagement and progress on IPR challenges identified in this year's reviews of India, Kuwait, Paraguay and Spain.

"The Obama Administration is committed to meaningful and sustained engagement with trading partners -- from China to India to Canada -- with the goal of resolving intellectual property-related concerns so that Americans and American firms can compete on a level playing field in those markets," said USTR Michael Froman.

In the last 25 years since USTR published the first Special 301 'Fact Sheet', "we have achieved dramatic changes in the international intellectual property landscape", he said

USTR said it reviewed 82 trading partners for this year's Special 301 Report, and placed 37 of them on the Priority Watch List or Watch List.

Besides India, Algeria, Argentina, Chile, China, Indonesia, Pakistan, Russia, Thailand, and Venezuela too have been placed on the Priority Watch.

These countries, according to the USTR, "present the most significant concerns regarding insufficient IPR protection or enforcement, or otherwise limited market access for persons relying on intellectual property protection".

These countries will be the subject of particularly intense bilateral engagement during the coming year, it said.

(Arun Kumar can be contacted at arun.kumar@ians.in)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 30 2014 | 10:00 PM IST

Next Story