Taiwan, EU to cooperate on IP protectionBRUSSELS -- Taiwan and the European Union (EU) have set sights on cooperating in online intellectual property rights (IP) protection, Vice Minister of Economic Affairs Wang Mei-hua (王美花) said Friday. During the meeting, the EU officials said that due to Taiwan's efforts in IP protection, many European firms feel comfortable investing in the Taiwan market, Wang said. She said that since the EU has been impressed by Taiwan's IP protection efforts, the European bloc has agreed to hold a bilateral consultation conference on IP protection with Taipei once a year, compared with a frequency of twice a year in the past. The Taiwanese official said that the EU wants to work with Taiwan to carry out raids on cyber IP violations in the future, in a bid to provide enterprises with better protection. In addition to the online IP protection issue, the economic and trade consultation meeting also addressed the possibility for Taiwan and the EU to cooperate in a wide range of industries, such as offshore wind power development, smart machinery production and the circular economy, Wang said.

Source: The China Post November 27, 2016 16:27 UTC