US Keeps China, India on IP Shame List
Washington: US Trade Representative Michael Froman speaks to reporters after a meeting with Japan’s Economics Minister Akira Amari in Tokyo on April 19, 2015. The Obama administration on Wednesday kept China, Russia and India on its annual list of countries with the worst records of preventing the theft of intellectual property (IP) and cited Switzerland for failing to curb online copyright infringements.
The annual list, released by the US Trade Representative’s Office, carries no threat of sanctions, but aims to shame governments into cracking down on piracy, counterfeiting and updating their copyright laws.
“Intellectual property is a cri- tical source of economic growth and high-quality jobs for the United States, and it is more important than ever to prevent foreign governments and competitors from ripping off United States innovators who are trying to support highpaying jobs by exporting their goods and services to consumers around the world,” US Trade Representative Michael Froman said in a statement.