(Post file photo by Tawatchai Kemgumnerd)WASHINGTON: The United States has removed Thailand from its Priority Watch List of intellectual property (IP) violators in recognition of the country's efforts to improve IP protection and enforcement. After 10 years in the company of a dozen countries deemed to have the world's worst IP protection, the country has been upgraded to the Watch List. "The key to promoting innovation is protecting intellectual property. We welcome the corrective actions that Thailand has taken and look forward to continuing to work with Thailand to resolve our remaining IP concerns." Mr Lighthizer said the US government had been "closely engaging" with Thailand on improving IP protection and enforcement as part of the bilateral US-Thailand Trade and Investment Framework Agreement.

Source: Bangkok Post December 16, 2017 04:30 UTC