China, Britain Ink Copyright Agreement

19 October 2012

British companies doing business in China will be helped by a new agreement between the two nations on copyright.

Intellectual Property Minister Baroness Wilcox on September 3, 2010, signed a new Memorandum of Understanding on copyright with Liu Binjie, Minister of the National Copyright Administration of the People’s Republic of China.

The agreement will see both countries co-operate and work together on copyright issues to help to promote a strong national and international economy, according to a statement released by the UK Intellectual Property Office.

“I am delighted to sign this agreement, which promises to bring the two countries closer together in this significant field,” said Baroness Wilcox. “This agreement will see our two nations work together to improve the prospects for businesses in both countries. UK firms will be helped to understand and therefore access the Chinese market. The agreement will also help develop ways of protecting companies in both countries from missing out on the benefits of their creativity through piracy and counterfeiting.”

Wilcox said the government also sees the agreement as a way to help British companies export and grow overseas.

Under the terms of the Memorandum of Understanding, the two countries will share ideas and best practice while also promoting the importance of intellectual property. The agreement will also see Britain and China seek coordination on copyright issues while looking for opportunities for development and training in copyright laws.

Tags: IPO

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