Positive EURATEX reaction on EU Parliament’s vote on Counterfeit Goods

Positive EURATEX reaction on EU Parliament’s vote on Counterfeit Goods

Trademark counterfeiting is a global, pervasive and serious hindrance to economic growth and jobs, and often a threat to citizen’s health and safety. The capability of European customs to act is essential in this fight against the trade of counterfeits

On February 25, 2014 the EU Parliament voted in favour of robust measures to fight the transit of trademark counterfeit goods in the EU in the framework of a wider review of the European Union trademark legislation. The new provisions will allow customs to stop trademark counterfeit goods, even if destined to a country outside the EU. It will not affect the trade of legitimate goods under the EU’s WTO World Trade Organisation international obligations. Likewise, these provisions ensure that genuine generic medicines will reach their final destination.

Trademark intensive industries account for 21 % of all direct jobs in the EU and for a share of 34 % of the EU GDP Gross Domestic Product. The global trade of counterfeits has been growing exponentially and the lack of adequate rules at EU level has exacerbated the problem affecting companies, governments and citizens across Europe. The 2012 detention statistics from EU customs have shown an unprecedented and extremely worrying fall by 65 % as against 2011. Without robust rules to stem the tide, the risk of the EU being a hub for the trade of counterfeits is real.

EURATEX praises the political courage of MEPs Marielle Gallo and Bernhard Rapkay sponsoring the transit provisions which were adopted by the EU Parliament. The Parliament signals its seriousness about stopping trademark counterfeit to protect consumers everywhere and that the EU is showing leadership in the global fight against counterfeiting.  14 other professional bodies cooperated and sustained EURATEX to reach the goal.

www.euratex.eu


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