Jeff was one of four people who were invited to testify earlier today before the Senate Finance Committee about the "international enforcement of intellectual property rights and American competitiveness." And the Pfizer ceo offered these suggestions to Congress inhis testimony....
STRONGER ENFORCEMENT TOOLS: US officials need to hold the worst counterfeit offenders accountable, and the government needs more resources to do that. The global IP problem is growing faster than the capacity of our agencies that fight it;
STRONG, ENFORCABLE IP PROVISIONS IN OUR TRADE AGREEMENTS: This means for all forms of IP. The global landscape for IP is evolving. Our trade agreements need to reflect those changes. Acquiescing to a weakening of IP in these agreements will mortgage our economic future and global competitiveness. Congress should act on strong trade agreements that include important improvements in IP – like the FTA with Korea – as soon as possible;
A NEW ANTI-COUNTERFEITING TRADE AGREEMENT: Such an agreement with our most advanced trading partners will set a global benchmark. Critical as well: stronger border measures to combat counterfeiting, as proposed in pending legislation;
EXPANDED DATA EXCLUSIVITY: Right now, our major trading partners have longer periods of exclusivity than we do. There are those who would shrink ours. I believe we must expand those protections in order to stay competitive with countries that, in this respect, have stronger IP protections than the US.
What do you think of Jeff's suggestions?