China has expressed its openness to dialogue with the European Union (EU) on matters concerning intellectual property rights (IPR), according to a statement released by the Chinese Ministry of Commerce on Monday. \"Channels of communication with the EU on intellectual property issues are always open,\" the ministry affirmed, signaling a willingness to engage in constructive discussions.
This statement comes in response to the EU's recent filing of a complaint at the World Trade Organization (WTO) against China. On Monday, the EU lodged a formal complaint challenging China's judicial practices related to standard essential patent (SEP) disputes. The EU alleges that Chinese courts are restricting European companies from protecting their patents, particularly in the high-tech sector.
The Ministry of Commerce noted that China received the EU's consultation request on January 20. In response to media inquiries, the ministry emphasized that China strictly adheres to WTO rules and its commitments upon accession. \"China has continually improved legislation and law enforcement related to the protection of intellectual property rights, and its achievements have been widely recognized,\" the ministry stated.
China underscored its commitment to addressing subsequent matters in accordance with WTO procedures, while firmly safeguarding its legitimate rights and interests. The ministry's statement reflects China's position as a proponent of fair trade practices and its dedication to fostering a cooperative international environment for intellectual property protection.
The ongoing dialogue between China and the EU is crucial for global innovation and commerce, particularly as both regions navigate the complexities of patent laws in the rapidly evolving technology sector. The resolution of these issues holds significant implications for businesses and investors who are closely monitoring the developments.
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China says it's open to communication with EU on intellectual property
cgtn.com
