The Philippines is no longer in the priority watchlist of European Union (EU) in terms of threat to its intellectual property rights (IPR), a biennial report of the European Commission showed.
The report removed the Philippines from Priority 3 category due to “very few complaints received from stakeholders and the increase in the relative importance of other countries for EU right holders”.
The priority counterfeit watchlist ranks economies based on the level of concern and threat to EU’s IPR holders, with Priority 1 being the biggest threat and Priority 3 as the least concerning.
“Due to the few complaints, IPR holders in EU only deemed it strategic to put the Philippines aside and give more importance in looking after other countries that have an increasing potential to let loose on counterfeiting and piracy activities,” Intellectual Property Office of the Philippines (IPOPHL) officer-in-charge Teodoro Pascua said in a statement.
This is the first time the Philippines was delisted from any “Priority” category. Years prior to 2015, the Philippines was listed in Priority 2 category.
Pascua said the latest report of the European Commission reflects the success of the National Committee on Intellectual Property Rights (NCIPR) to curb piracy and counterfeiting in the country.
“NCIPR officials and officers are committed to going after IPR violators, finding it a meaningful duty to protect the country from the sabotage counterfeiting and piracy brings to an economy, culture, and overall national progress,” he added. — Kris Crismundo (PNA)