Connect with us

Business and Economy

PH delisted from EU’s priority counterfeit watchlist

Published

on

This is the first time the Philippines was delisted from any Priority category. Years prior to 2015, the Philippines was listed in Priority 2 category. (Pixabay photo)

MANILA — The Philippines is no longer in the priority watchlist of European Union (EU) in terms of threat to its intellectual property rights (IPR), a biennial report of the European Commission shows.

European Commission has released its biennial watchlist titled the “Report on the protection and enforcement of intellectual property rights in third countries” that removed the Philippines from Priority 3 category due to “very few complaints received from stakeholders and the increase in the relative importance of other countries for EU right holders”.

The priority counterfeit watchlist ranks economies based on the level of concern and threat to EU’s IPR holders, with Priority 1 being the biggest threat and Priority 3 as the least concerning.

online pharmacy buy pepcid with best prices today in the USA

“Due to the few complaints, IPR holders in EU only deemed it strategic to put the Philippines aside and give more importance in looking after other countries that have an increasing potential to let loose on counterfeiting and piracy activities,” Intellectual Property Office of the Philippines (IPOPHL) officer-in-charge Teodoro Pascua said in a statement.

This is the first time the Philippines was delisted from any Priority category. Years prior to 2015, the Philippines was listed in Priority 2 category.

Pascua said the latest report of the European Commission reflects the success of the National Committee on Intellectual Property Rights (NCIPR) to curb piracy and counterfeiting in the country.

“NCIPR officials and officers are committed to going after IPR violators, finding it a meaningful duty to protect the country from the sabotage counterfeiting and piracy brings to an economy, culture, and overall national progress,” he added.

online pharmacy buy oseltamivir with best prices today in the USA

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle7 hours ago

The Painful Reality of Losing Someone

Recently, I experienced the painful reality of losing someone through others. One friend lost her fiancé to death, while another...

Headline7 days ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle4 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle1 month ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle4 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...