Such figures indicating the volume of counterfeit products in the EAEU were shared by Bakytzhan Sagintaev, Minister in charge of Economy and Financial Policy of the Eurasian Economic Commission, at the 10th International Forum "Anti-Counterfeiting – 2022" in Bishkek.
The EAEU countries continuously analyze current trends in market development, including those related to digitalization, introduction of artificial intelligence, application of digital business models and e-commerce development.
In view of the trends, the Commission together with Member States is developing the Agreement on Protection of Intellectual Property Rights on the Internet. In particular, the draft agreement provides for introducing a mechanism for blocking illegal content in a judicial procedure and in the pretrial order, involving information intermediaries in the process of preventing infringement of intellectual property rights, as well as establishing liability in the national legislation of the Union countries for failing to restrict access to illegal content.
"When devising approaches to protect intellectual property on the Internet, it is required to take into account the interests of all stakeholders to avoid creating unreasonable barriers in business activities for rights holders, owners of Internet resources and information intermediaries," noted Bakytzhan Sagintaev.
Moreover, the Commission is engaged in creating favorable conditions for developing fair e-commerce in the EAEU, working out required customs measures, improving goods marking and traceability mechanisms, as well as taking relevant measures in the field of consumer protection and restricting access of counterfeit products to the Union's internal market.
The Anti-Counterfeiting International Forum is the largest international platform for constructive dialogue between representatives of public authorities, business, science, rights holders, manufacturers, authors and the public, where proposals are discussed and developed to improve the efficiency of combating the spread of counterfeit products, protecting intellectual property rights and creating a civilized market for goods and services, primarily in the EAEU Member States.
The Bishkek forum was organized by the Eurasian Economic Commission, the Cabinet of Ministers of the Kyrgyz Republic and the Anti-Counterfeiting International Association.
According to Disposition No. 3 of the Eurasian Intergovernmental Council dated March 7, 2017, the Forum is held annually on a rotating basis in the country chairing the EIC in the current year.In 2023, the 11th International Forum "Anti-Counterfeiting – 2023" will be held in the Russian Federation.