During a Dec. 8 roundtable on intellectual property rights enforcement in Russia, former U.S. Secretary of Commerce Donald Evans declared that IPR protection was in Russia's best interest and was not simply an idea being pushed by non-Russian companies.
"It is critically important for everyone to understand why it is important to protect intellectual property," he said. "It is really about protecting the intellectual property of Russia."
Emphasizing that IPR is playing an increasingly larger role in economies, Evans cited figures which value the U.S. market for protecting intellectual property at $90 billion a year. Throughout his term as U.S. Secretary of Commerce, Evans was very vocal in promoting IPR protection in all countries and consistently emphasized its importance as a driver of both innovation and GDP growth.
As a leading private businessman now heading the Financial Sercies Forum and as the former U.S. Secretary of Commerce, Evans was invited by the American Chamber of Commerce in Russia to lead the discussion from an American perspective. The roundtable was the second is a series of events organized in partnership with the Center for Strategic Research to share models and experience in addressing major commercial issues of interest to both countries. The first roundtable was held on Friday, Oct. 7, 2005, on foreign investment restrictions in the U.S.
See full Press Release.
12.19
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