Connect with us

Economics

Thailand destroys 1.3 million pieces of counterfeit goods

The Thai authorities destroyed over 120 tonnes , or 1.3 million pieces, of illegal counterfeit goods violating intellectual property rights following Thai court rulings concerning intellectual property rights violations.

Olivier Languepin

Published

on

counterfeit goods Bangkok

The Thai authorities destroyed over 120 tonnes , or 1.3 million pieces, of illegal counterfeit goods violating intellectual property rights following Thai court rulings concerning intellectual property rights violations.

Loading...

Deputy Commerce Minister Siriwat Kajornprasart presided over the event, which was a collaboration between the Commerce Ministry, the Customs Department, the Department of Special Investigation, the Intellectual Property Department and the Royal Thai Police.

Diplomats from embassies to Thailand, including the United States and the European Union, were also invited to the event. The destruction is the second time this year of destroying all counterfeit items with a value of Bt3.1 billion over $100 million.

counterfeit goods Bangkok

The Thai authorities destroyed over 120 tonnes of counterfeit goods following Thai court rulings on intellectual property rights violations

This years first destruction was held in the Andaman resort of Phuket where 93,000 counterfeit items worth Bt58 million over $1.93 million were destroyed.Although many countries see that there are many cases related to the intellectual property rights violation in Thailand, Mr Siriwat explained that the Thai government and private sector continued to tighten measures in suppression and to educate youths and the public in general not to use goods violating intellectual property rights.

The deputy commerce minister added that remains of the destroyed items will be recycled for economical use. Meanwhile, the Intellectual Property Department will apply the stricter measures to deal with the matter and to prevent the violations.

Mr Siriwat said he believed enforcement of the Intellectual Property law in conjunction with more strict suppression measures, the United States will revise Thailands status from its current US government Priority Watch List PWL status to its Watch List WL.

via Thailand destroys US$100 million in counterfeit intellectual property.

In 2011 Thailand has once again been relegated to another year on the United States’ Priority Watch List for insufficient enforcement or protection of intellectual-property rights,  for the fourth successive year by the Office of the United States Trade Representative (USTR).

This is largely due to the absence of laws in Thailand governing the use of camcorders in cinemas and a high rate of piracy and counterfeiting on digital media and the Internet.

The continued listing on the Priority Watch List (PWL) has disappointed the Thai government, which claims to have launched many attempts to improve protection of intellectual-property rights (IPR).

Disappointed over an unchanged and an improvement from  Washington’s Priority Watch List (PWL), announced recently by the US Trade Representative (USTR), the Commerce Ministry will ask the Royal Thai Police Bureau to more strictly enforcing and suppressing violations of US intellectual property rights in the kingdom.

The USTR in its report released on May 2011, maintained Thailand on its PWL for 2011 which has been unchanged since 2007 but the Thai government has attached importance on intellectual property rights protection and has continuously suppress violators in the past, the government, therefore, plans to write a letter to USTR and enquire about the country’s status which was kept unchanged for 2011.

Last year, 4,851 cases of IPR violations were filed. To stimulate awareness among Thais, particularly young people, the Education Ministry has included a course on IPR knowledge for students in every public school, as a major subject.

29 trading partners of the US are on the Watch List. They are regarded as meriting bilateral attention to address underlying IPR problems.

These 29 countries are: Belarus, Bolivia, Brazil, Brunei, Colombia, Costa Rica, the Dominican Republic, Ecuador, Egypt, Finland, Greece, Guatemala, Italy, Jamaica, Kuwait, Lebanon, Malaysia, Mexico, Norway, Peru, the Philippines, Romania, Spain, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan and Vietnam.

 

Comments

Economics

Thai fruit exports to FTA markets up 107 percent

China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian, mangosteen, longan and mango. Thai exporters are able to benefit from FTA privileges.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – Thailand’s fruit exports continue to increase, despite the sluggish global economy caused by the COVID-19 pandemic, with key trade partners being countries that have free trade agreements (FTAs) with the kingdom.

Loading...
(more…)

Continue Reading

Economics

The Future of Asia: greener but with a public and private debt hangover

The COVID-19 pandemic has been a perfect storm, destroying jobs, worsening poverty and inequality, and creating a public and private debt problem—especially for countries and firms already in fragile financial health beforehand

Avatar

Published

on

The Sydney Opera resumed live performances and the city of Melbourne recently hosted the Australian Open tennis tournament with fans (mostly) in attendance.

Loading...
(more…)

Continue Reading

Economics

50:50 campaign may not get immediate extension

National News Bureau of Thailand

Published

on

logomain

Loading...

BANGKOK (NNT) – The government’s 50:50 co-pay campaign expiring on 31st March may not be getting an immediate campaign extension. The Minister of Finance says campaign evaluation is needed to improve future campaigns.

The Minister of Finance Arkhom Termpittayapaisith today announced the government may not be able to reach a conclusion on the extension of the 50:50 co-pay campaign in time for the current 31st March campaign end date, as evaluations are needed to better improve the campaign.

Originally introduced last year, the 50:50 campaign is a financial aid campaign for people impacted by the COVID-19 pandemic, in which the government subsidizes up to half the price of purchases at participating stores, with a daily cap on the subsidy amount of 150 baht, and a 3,500 baht per person subsidy limit over the entire campaign.

The campaign has already been extended once, with the current end date set for 31st March.

The Finance Minister said that payout campaigns for the general public are still valid in this period, allowing time for the 50:50 campaign to be assessed, and to address reports of fraud at some participating stores.

The Fiscal Police Office Director General and the Ministry of Finance Spokesperson Kulaya Tantitemit, said today that a bigger quota could be offered in Phase 3 of the 50:50 campaign beyond the 15 million people enrolled in the first two phases, while existing participants will need to confirm their identity if they want to participate in Phase 3, without the need to fill out the registration form.

Mrs Kulaya said the campaign will still be funded by emergency loan credit allocated for pandemic compensation, which still has about 200 billion baht available as of today.

Source link

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,980 other subscribers

Latest

Trending