The Importance of ACTA to Economic Growth and Job Creation

BASCAP Wins High Commendation Award on World Anti-Counterfeiting Day

Business Action to Stop Counterfeiting and Piracy (BASCAP) received the 2012 Highly Commended Award in the Association category at the 14th annual Global Anti-Counterfeiting (GAC) Awards ceremony on World Anti-Counterfeiting Day in Paris, which took place June 7.

The awards are presented for outstanding achievement by individuals or organizations involved in combating counterfeiting and piracy, either to protect their own brands or products or in the development of an environment which encourages the combating of counterfeits and pirate products. The awards are given in five categories – individual achievement, national public body, international public body, company and association.

The 2012 GAC Awards were sponsored by Reconnaissance International’s Authentication News and the Global Anti-Counterfeiting Group (GACG) Network. The winners were announced and awards presented in Paris today during a World Anti-Counterfeiting Day event hosted by the Union des Fabricants. The awards were made as a continuing recognition of special achievements by individuals, companies and organizations.

Tracy Faustin, BASCAP Project Manager, who accepted the award with Lacoste company member Nathalie Moulle-Berteaux, said “On behalf of ICC and BASCAP member companies, we’re honoured to receive this distinctive award. BASCAP brings together companies from multiple sectors and geographies to join forces in fighting the global epidemic of counterfeiting and piracy. We will continue to keep up the good fight – and to work with all of you – to uphold the honor we have received today.”

New report links ACTA to potential economic growth of €50 billion and 960,000 new jobs in EU

Business Action to Stop Counterfeiting and Piracy (BASCAP), an initiative of the International Chamber of Commerce (ICC), today released a new study by the internationally respected economic research firm, Frontier Economics, showing the significant economic growth and job creation potential of EU approval of the Anti-Counterfeiting Trade Agreement (ACTA).

“The current debate about ACTA in the EU has been focused on a wealth of misinformation and unsubstantiated claims about how the provisions of ACTA will harm the EU,” said Jeffrey Hardy, BASCAP Director. “At a time when Europe is facing an unprecedented economic crisis, with little to no growth and high unemployment, the real discussion should be focused on how ACTA will lead to greater protection of intellectual property around the globe and how this will benefit the EU economy. This new report provides several different scenarios for what would happen to EU exports, economic growth and job creation with the adoption of ACTA by the current signatories, including the EU, and from expansion to four other countries. We believe it is time for the EU decision-makers to look at the data and recognize the enormous potential value to the EU economy that can result from adoption of ACTA.”

The new report concludes that the EU can expect to see increased trade to the ACTA signatories, and that this increase in exports will lead to an increase of up to €19 billion in the EU economy. If ACTA can be expanded beyond the initial group of signatory countries, including the BRIC countries (Brazil, Russia, India and China), the value to the EU country will be significantly greater. The increase in exports to the BRIC countries alone that could be expected with greater intellectual property (IP) protection under ACTA could increase EU growth by a further €23 billion. With stronger enforcement of IP rights in countries where counterfeit products are rife (i.e. China), EU Gross Value Added could increase by a further €8 billion.

Click here to read more on ICC’s website.

Staff Contact: Charlene Flick


More on USCIB’s Intellectual Property Committee

 

Staff Contact:   Michael Michener

VP, Product Policy and Innovation
Tel: 202.617.3159

Michael Michener is USCIB’s vice president of product policy and innovation, joining USCIB in early 2017. Michener is a former administrator of the U.S. Foreign Agricultural Service who has also served as a U.S. trade diplomat and association executive. Michener most recently served in Brussels as director of multilateral relations for CropLife International, representing the association before a range of international organizations – including the UN Food and Agricultural Organization, the UN Environment Program and the UN Framework Convention on Climate Change – on issues related to crop protection products and agriculture biotechnology.
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