Reuters, 27/04 15:05 CET
By David Lawder
WASHINGTON (Reuters) – 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 and cited Switzerland for failing to curb
online copyright infringements.
The annual list, released by the U.S. Trade
Representative’s Office, carries no threat of sanctions, but aims to shame governments into cracking down on piracy and counterfeiting and
updating their copyright laws.
“Intellectual property is a critical 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
high-paying jobs by exporting their goods and services to consumers
around the world,” U.S. Trade Representative Michael Froman said in a
statement.
The trade agency said that the value added of U.S.-held
intellectual property was approximately $5 trillion in 2010,
contributing 34 percent to U.S. gross domestic product that year and
supporting 40 million jobs in IP-intensive industries.
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Source: Euronews
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