China has expressed its readiness to maintain open communication channels with the European Union (EU) regarding intellectual property issues. The Chinese Ministry of Commerce made this statement on Monday, underscoring the importance of dialogue in addressing mutual concerns.
The announcement comes in the wake of the EU filing a complaint at the World Trade Organization (WTO) against China's judicial practices concerning standard essential patent disputes. The EU's action, filed on Monday, reflects ongoing tensions over intellectual property rights between the two parties.
Responding to media inquiries, the Ministry of Commerce confirmed that China received the EU's consultation request on January 20. The ministry emphasized China's commitment to adhering strictly to WTO rules and fulfilling its accession commitments. It highlighted the continuous improvement in China's legislation and enforcement related to the protection of intellectual property rights, noting that these efforts have been widely recognized.
\"Channels of communication with the EU on intellectual property issues are always open,\" the ministry stated in an online release. \"China will address subsequent matters in accordance with WTO rules and firmly safeguard its legitimate rights and interests.\"
The discourse between China and the EU on this issue is critical for global trade dynamics, especially for businesses and investors monitoring international intellectual property policies. The outcome of these consultations may have significant implications for international companies operating in both regions.
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China says it's open to communication with EU on intellectual property
cgtn.com
