China's Ministry of Commerce announced on Monday that channels of communication with the European Union (EU) regarding intellectual property issues remain open. This statement comes in response to the EU's recent complaint filed at the World Trade Organization (WTO) concerning China's judicial rulings on standard essential patent disputes.
The EU initiated a consultation request on January 20, signaling concerns over how standard essential patents are handled within China's legal framework. In an online statement, the Chinese ministry emphasized its commitment to adhering strictly to WTO rules and fulfilling its accession commitments. The ministry highlighted China's continuous efforts to enhance legislation and law enforcement related to the protection of intellectual property rights, achievements that have been widely recognized on the global stage.
Addressing the situation, the ministry reaffirmed that China would manage subsequent matters in accordance with WTO regulations, firmly safeguarding its legitimate rights and interests. The open channels of communication indicate a willingness on both sides to engage in dialogue aimed at resolving the disputes amicably.
This development underscores the importance of intellectual property rights in international trade relations and the role of the WTO in facilitating discussions between member economies. Observers note that constructive engagement between China and the EU is crucial for promoting innovation and protecting the interests of businesses and consumers alike in the global market.
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China says it's open to communication with EU on intellectual property
cgtn.com
