Washington [US], April 28 (ANI): China and Russia remain on top of Washington's list of countries that must be monitored for intellectual property protection issues, the Office of the US Trade Representative (USTR) revealed in an annual report.
The US report said trading partners on the Priority Watch List present the most significant concerns this year regarding insufficient IP protection or enforcement or actions that otherwise limited market access for persons relying on intellectual property protection.
The US named 27 trading partners as having IP protection issues and put on a "priority watch list," seven of them including Argentina, Chile, India, China, Indonesia, Russia, and Venezuela.
"These countries will be the subject of particularly intense bilateral engagement during the coming year," the report said.
According to Sputnik, the report heavily focuses on China, which was mentioned over 100 times in the 88-page document.
"China remains on the Priority Watch List in 2022," the report, released on Wednesday, said. "China must provide a level playing field for IP protection and enforcement, refrain from requiring or pressuring technology transfer to Chinese companies at all levels of government, open China's market to foreign investment, and embrace open and market-oriented policies."
According to the "Phase One" trade agreement the US and China signed in 2020, the report added, Beijing made commitments to address numerous long-standing concerns in the areas of trade secrets, patents, pharmaceutical-related IP, trademarks, copyrights, geographical indications, and technology transfer.
Biden administration added, "it remains to be seen" whether commitments made by Beijing related to these concerns will improve the protection of intellectual property. (ANI)
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)