The
U.S. Mission in Nigeria and the American Business Council, in
partnership with the Government of Nigeria and members of the private
sector, Monday launched a two-day Intellectual Property (IP)
Symposium on the theme “The Bane of Counterfeit Pharmaceuticals and
Piracy.”
The
symposium brought together a broad range of stakeholders including
senior officials from Federal ministries, departments and agencies,
legislators, lawyers, business, and technology leaders.
U.S.
Embassy Chargé d'affaires Kathleen FitzGibbon delivered remarks
highlighting the importance of intellectual property rights
protection which enables the innovation and creativity needed to
bolster economic growth.
Chargé
FitzGibbon noted that strong intellectual property rights protection
is essential to creating jobs and opening new markets for goods and
services.
“This
is not just an American issue, this is a global issue and as Nigeria
moves ahead with goals of diversifying and shifting to a
knowledge-based economy, a strong intellectual property rights regime
will help attract investment and protect Nigerian ideas and Nigerian
businesses,” Chargé FitzGibbon said.
She
urged stakeholders––government,
consumers, and businesses to join forces in ensuring the protection
and enforcement of intellectual property rights.
Also
speaking at the opening of the symposium were Robert Bowman from the
U.S. Department of Justice’s Office of Overseas Prosecutorial
Development Assistance and Training as well as Professor Adebambo
Adewopo, a leading intellectual property scholar and the IP Chair at
the Nigerian Institute of Advanced Legal Studies.
A
highlight of the ceremony was a performance by students of the Caro
Favored Schools of Ajegunle. Their dramatic sketch was designed to
raise awareness among young Nigerian consumers about the importance
of trademarks, brands, and the dangers of counterfeit products.
In
addition, the opening day of the symposium featured panel
discussions, exhibitions, and the screening of the documentary
“Fishbone.” The Nollywood-produced film highlights the menace of
counterfeit pharmaceuticals and their effect on both Nigeria citizens
and the local economy.
Through
economic diplomacy overseas, the United States encourages host-nation
governments to establish predictable legal regimes to ensure
intellectual property rights can be secured.
As
a follow-up to the IP symposium, the regional taskforce against
counterfeit pharmaceuticals and health-related safety will hold their
first roundtable meeting on September 18-20, while the regional
cybercrime, cyber security, and internet piracy workshop will take
place on September 23-27, 2019.
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