In a recent statement, the Chinese Ministry of Commerce affirmed that communication channels with the European Union (EU) on intellectual property issues remain open. The announcement comes after the EU filed a complaint with the World Trade Organization (WTO) regarding China's judicial practices on standard essential patent disputes.
On Monday, the ministry acknowledged receiving a consultation request from the EU dated January 20. Responding to media inquiries, the ministry emphasized China's commitment to adhering strictly to WTO rules and its accession commitments. It highlighted the nation's ongoing efforts to enhance legislation and law enforcement related to the protection of intellectual property rights, noting that these achievements have been widely recognized.
\"China has continuously improved its intellectual property protection mechanisms, and we are willing to engage in constructive dialogue with the EU to address any concerns,\" the ministry stated.
The ministry added that China would handle subsequent matters in accordance with WTO procedures and is determined to firmly safeguard its legitimate rights and interests.
The EU's complaint marks a significant step in addressing disputes over intellectual property rights between the two major trading partners. The consultation phase at the WTO allows both parties to discuss the issue and seek a mutually agreeable solution before possible litigation.
This development underscores the importance of collaboration in resolving complex trade and intellectual property issues, impacting global businesses and investors with interests in the Asian and European markets.
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China says it's open to communication with EU on intellectual property
cgtn.com
