Romania was recognized as a trustworthy partner for the United States of America from the point of view of intellectual property protection for the first time in 25 years, informs, on Thursday, a press release of the Executive.The United States Trade Representative (USTR), the US government agency that deals with international trade relations, published the Special Report 301 for 2022, in which, for the first time in over 25 years, Romania is removed from the Watch List, thus formally recognizing that Romania has the capacity to overcome barriers in what regards protection of intellectual property rights.Romania was placed on the watchlist for the first time in 1995, and after three years of observation, was placed on the list, where it was constantly present from 1999 to 2021, being the only EU member-state on it.Thus, according to the USTR announcement, among the reasons for the positive development were the appointing of the first national coordinator in the domain of intellectual property, Sorin Costreie, advisor to the PM; the establishment of a new unit within the Directorate for Investigating Economic Crime of the Romanian Police General Inspectorate, specialized in cases of online piracy; allotting additional officers for intellectual property investigations and the resumption of organizing by the Service to coordinate the activity of the Public Ministry in the realm of intellectual property laws within the Prosecutors' Office attached to the High Court of Cassation and Justice of meetings of the Working Group on matters of intellectual property rights; a public-private partnership created as a support structure for preventing and combating infringements of intellectual property rights.
Romanian prosecutors conducted searches on Friday, November 7, at the headquarters of the steel mill Liberty Galați and in several counties, in a case of embezzlement and tax evasion that includes Russian gas giant Gazprom, Economedia.ro reported. Specifically,...
Romania has begun testing the US-supplied Merops anti-drone system as part of wider NATO efforts to strengthen air defenses on the alliance’s eastern flank, defense minister Ionuț Moșteanu told local news channel Digi24. The system, already used in...
The Ministry of Development proposed to the government to analyse the opportunity to develop an investment program dedicated to the economic recovery of small towns with a population of under 25,000 in non-metropolitan areas. The financial support for the development of these towns has been so far fragmented, and competition with large cities for funds proved […]
Prime minister Ilie Bolojan said on November 6 that he hopes that the ruling coalition will manage to legislate by the end of this month the rest of the second package of budgetary measures, namely the public administration streamlining law and the law on magistrates' pensions. Unless the law on the public administration is legislated, […]
Japanese group Makita announced that it will reduce production of power tools in China for the US market due to the unpredictability of US tariffs and move this production to factories in Romania and Thailand, according to Nikkei Asia, as reported by Economica.net. The Japanese group reported business of almost EUR 640 million locally...
The Competition Council has outlined a series of concerns related to the transaction through which the Schwarz group, which operates the Kaufland and Lidl store chains in Romania, intends to take over the La Cocoș stores, according to a press release quoted by
