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BANGKOK, 29 April 2019 (NNT) -The government has long placed importance on the issue of intellectual property infringement, and has worked tirelessly to put an end to it.
The United States has recently praised Thailand’s ongoing protection of intellectual property which has yielded concrete results.
Deputy Commerce Minister, Chutima Bunyaprapasara disclosed today that the United States Trade Representative had announced the status of protection of intellectual property of major trading partners under US trade law 2019.
This year, Thailand has maintained its place on the watch list after the United States upgraded Thailand from the Priority Watch List to the Watch List in 2017.
The United States has expressed admiration for the policies and advances in Thailand’s protection efforts and its suppression of intellectual property infringement.
The Thai government’s senior leader has placed importance on the protection of intellectual property, suppression of intellectual property infringement, closely supervised and followed up on progress in the operation related to this issue, and actively cooperated with the relevant agencies to suppress intellectual property infringement.
This has led to concrete results such as increased efficiency in intellectual property registration, an international trademark registration system under the Madrid Protocol, proposed amendments to the patents’ law and suppression of infringements in both the market and on the Internet.
Ms. Chutima thanked the relevant agencies in both the government and private sectors for their industrious collaboration. She urged them to strive to maintain the intellectual property system, especially the suppression of infringements and legal improvements.
Not only does it enhance confidence in trade and investment of US investors, but also encourages Thai people to recognize the importance of intellectual property, and use it for commercial purposes more, as it is a factor in driving competition and economic development of the country creating stability, prosperity and sustainability.