Monday, July 31, 2006

ICC urges strong follow up to G8 statement on intellectual property


The International Chamber of Commerce commends G8 leaders for proposing measures to better protect intellectual property rights at the G8 Summit this month and calls on those governments to turn their support into concrete action.

"The G8 statements promoting intellectual property are certainly welcome," said ICC Secretary General Guy Sebban, "But we need to see them translated into action or we are left with nothing more than another piece of paper."

"The problem of global counterfeiting and piracy has far-reaching consequences and must be reined in," said ICC Chairman Marcus Wallenberg. "Organized crime networks are fuelled by it while consumers are put at risk, jobs are lost, and government and business revenues are undercut."

See full Article.