Wednesday, April 30, 2014

China, India named on U.S. piracy, patents black list

By Krista Hughes WASHINGTON (Reuters) - The United States named China and India on a watch list for countries that aren't doing enough to fight intellectual-property crimes, warning of trade-secret theft in China and the proliferation of generic drugs and counterfeiting in India. The U.S. Trade Representative resisted lobbying by the U.S. Chamber of Commerce and pharmaceutical industry to censure India with the "worst offender" tag in its annual scorecard on how well countries protect U.S. patents, copyrights and other intellectual property (IP) rights. The United States instead kept India, which is in the midst of elections, on its Priority Watch List along with China and eight other countries.



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