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U.S. Chamber Statement on USTR Notorious Markets List
WASHINGTON, D.C. — U.S. Chamber Global Innovation Policy Center (GIPC) President and CEO David Hirschmann released the following statement today in response to the release of USTR’s Notorious Markets list:
“Today’s report on notorious markets demonstrates the real threat counterfeiting and piracy pose for legitimate businesses around the world. Earlier reports by the OECD and the U.S. Chamber have made apparent the enormous global scope of illicit trade, as well as the economic and social consequences for consumers and producers alike.
“USTR’s report offers an element of accountability, calling out the bad actors and the enablers who proliferate the problem. The business community encourages governments to use this report as a tool in the fight against illicit trade, including piracy devices and apps. We will continue to work to rid global markets of counterfeit economies and protect the safety and validity of the supply chain.”
The Chamber’s Global Innovation Policy Center is working around the world to champion innovation and creativity through intellectual property standards that create jobs, save lives, advance global economic and cultural prosperity, and generate breakthrough solutions to global challenges.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
Global Innovation Policy Center @globalIPcenter 7h
Economies with the most effective intellectual property (#IP) frameworks are more likely to achieve the socio-economic benefits needed to face our biggest challenges, like #COVID19. Get the details in the @USChamber #IPIndex. #IPEnables https://t.co/oVnRXbS15m