US, Nigeria meet on Intellectual Property, move against counterfeiters
DAILY POST reports that the symposium theme, “The Bane of Counterfeit Pharmaceuticals and Piracy”, brought together stakeholders including senior officials from federal ministries, departments and agencies, legislators, lawyers, business, technology leaders and agreed on aggressive but concerted efforts against counterfeiters of drugs, cream, music, films, books, electronics, food items, etc.
FitzGibbon noted that strong intellectual property rights protection is essential to creating jobs and opening new markets for goods and services. Robert Bowman, Regional Director , U.S. Department of Justice’s Office of Overseas Prosecutorial Development Assistance and Training, stated that the impact of IP theft was devastating.
“While the IP debate has not been entirely new, one of the missing elements has been effective collaboration and cooperation that is needed to drive the debate and build momentum not only for achieving reform but also to combat both the domestic and worldwide industry of counterfeiting, piracy and cybercrime,” he said.
“For example, Nollywood’s rise in global reckoning strongly demonstrates how creativity can contribute to the promotion of cultural heritage as well as economic growth. It is important to note that the creative industries should be able to yield better dividend for its creators, operators and economy as a whole.
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