Lee Calls for Korea to Step Up IP Rights Protection

09 November 2012

Lee Calls for Korea to Step Up IP Rights Protection

President Lee Myung-bak told the National Competitiveness Council that South Korea must step up its efforts to protect intellectual property rights to stave off losses from IP rights violations.

During a meeting of the council, Lee said the country is “losing more from violating intellectual property rights than any gains earned from intruding into others' intellectual property,” according to a Xinhua report.

“We must first protect the intellectual property of others if we are to demand protection of ours,” the president reportedly said.


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