Make no mistake, strong and uniform intellectual property rights and protections are critical to expanding opportunity and trade in the global marketplace.
In a February 2004 speech on intellectual property, then-Federal Reserve Chairman Alan Greenspan noted: “Rationalizing the differences between intellectual property rights as defined and enforced in the United States and those of our trading partners has emerged as a seminal issue in our trade negotiations.”
And it should be. Unfortunately, under President Obama, serious trade negotiations have been nonexistent – as illustrated most recently by the White House’s failure regarding the South Korea trade agreement.
Raymond J. Keating
Small Business & Entrepreneurship Council