• Categories
  • Archives

Brazil’s Piracy Costs US Economy Close to US$ 1 Billion a Year, Says Group

The American group Defenders of Property Rights (DPR) today, March 16, announced that it has sent an open letter to U.S. Trade Representative Rob Portman urging the U.S. Government to block efforts by Brazil and India from undermining the World Trade Organization as their campaign against intellectual property rights continues. 

DPR believes their actions against intellectual property rights undermine the strength of the American economy.

Brazil and India’s claims of biopiracy are intended to undue established agreements on intellectual property rights in the World Trade Organization and World Intellectual Property Organization. 

As you know, biopiracy is a term coined by countries engaged in rampant piracy to falsely accuse pharmaceutical companies of not paying their fair share for genetic natural resources. 

Of course, Brazil overlooks that pharmaceutical companies spend billions of dollars to transform a simple plant into a powerful medicine. 

Next week, their campaign will take center stage as Brazil hosts a meeting of the Convention on Biological Diversity, a U.N. funded body that will advance provisions aimed at undermining WIPO and WTO intellectual property law.

"Brazil and India continue to run a global campaign against intellectual property rights," said Nancie Marzulla, president of Defenders of Property Rights. 

"The actions of Brazil and India threaten to destabilize international institutions like the World Trade Organization and damage the American economy."

Defenders of Property Rights repeatedly urged U.S. Trade Representative Rob Portman to question Brazil about its poor record of protecting American intellectual property rights. 

Brazil stands as the number one abuser of IP rights in the Western Hemisphere costing American businesses an estimated US$ 900 million in losses in 2003 alone, according to the International Intellectual Property Alliance (IIPA).

Undermining intellectual property law will have damaging consequences to the American economy. "Brazil and India no longer deserves to receive billions of dollars in American subsidies and trade tariff reductions each year if they continue to hurt America’s economy in this way," said Marzulla.

Defenders of Property Rights was founded in 1991 to counterbalance the governmental threat to private property as a result of a broad range of regulations.

Defenders believes that society can achieve important social objectives such as protection of our environment and preservation of our national heritage without destroying private property rights or undermining free market principles. 

Defenders of Property Rights – www.yourpropertyrights.org

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

US’s HRF Gives Brazilian Woman Human Rights Award for Fighting Death Squads

Sandra Carvalho, a lawyer, sociologist and director of the non-governmental organization Global Justice, is ...

Tobacco and Printing Help Brazil Industry Grow 7% in 12 Months

Industrial activity in Brazil grew 1% in July when compared to the previous month, ...

Afrobrazilianists: Such Arrogance!

Brazilian progressive blacks are doing what they can to allow us to reach the ...

The Zika Fear: There’s Still Time to Stop Rio’s Olympic Games

Since the outbreak of the Zika virus in Latin America in May 2015, Brazilian ...

For Some Brazilian Farmers Africa Is the New Frontier

Frademir Saccol is Brazilian and, until late 2008, lived a peaceful life in the ...

Ford Counts on Brazil to Help Cure Its US Ills

The presidency of vehicle factory Ford announced, after a meeting with Brazilian President Luiz ...

Brazil Offers to Produce Asian Bird Flu Vaccine for Global Consumption

Brazil presented a proposal to the World Health Organization (WHO) to be chosen as ...

From Brazil Israeli Leader Charges Iran with Buying Influence Around World

In an interview from Brazil with the Spanish newspaper La Vanguardia, the president of ...

Brazil Will Do Its Part After US and EU Do Theirs, Says Lula in Davos

Luiz Inácio Lula da Silva, president of Brazil, made today, January 26, an impassioned ...

Tunisia Wants Brazil’s Technology on Growing Wheat

Gathered in Brazilian capital BrasÀ­lia, researchers of the Ministry of Agriculture of Tunisia and ...