China has reaffirmed its willingness to engage in open communication with the European Union (EU) on matters relating to intellectual property rights. The Chinese Ministry of Commerce announced on Monday that channels of dialogue with the EU remain readily accessible, emphasizing a commitment to collaborative discourse.
The statement comes in response to the EU's recent decision to file a complaint with the World Trade Organization (WTO) against China's judicial rulings on standard essential patent disputes. The complaint, lodged on Monday, reflects ongoing tensions between the two economic giants over the handling of intellectual property issues.
According to the Ministry of Commerce, China received a consultation request from the EU on January 20. Addressing media inquiries, the ministry highlighted China's adherence to WTO rules and its fulfillment of accession commitments. It underlined the nation's continuous efforts to improve legislation and law enforcement in the realm of intellectual property protection, achievements that have gained widespread recognition.
\"China has consistently upheld the principles of the WTO and has made significant strides in enhancing the protection of intellectual property rights,\" the ministry stated in an online release. \"Our accomplishments in this area are evident and have been widely acknowledged by the international community.\"
The ministry further assured that China will handle subsequent matters in strict accordance with WTO regulations. It affirmed the country's determination to firmly safeguard its legitimate rights and interests throughout the process.
The ongoing dialogue between China and the EU is crucial for international trade relations, especially in the high-stakes area of intellectual property, which has significant implications for businesses and innovation worldwide. Both parties appear poised to navigate the dispute through established WTO mechanisms, with an openness to communication that may pave the way for a mutually agreeable resolution.
Reference(s):
China says it's open to communication with EU on intellectual property
cgtn.com
