U.S. Chamber of Commerce recognizes DR’s progress in intellectual property

The United States Chamber of Commerce published the ninth edition of its Intellectual Property (IP) Index report, in which it placed the Dominican Republic in the number three position out of ten countries evaluated in Latin America with 54.2 percent for an improvement of 0.36 percent.

This U.S. report is intended to provide guidance to U.S. companies on the intellectual property situation in 53 countries, through an evaluation of nine categories that the U.S. Chamber of Commerce considers indicative of a sound IP system.

The report notes that 32 of the 53 countries evaluated showed improvements in their indicators. It particularly links the implementation of trade agreements with more robust IP systems around the world.

On this occasion, the report assigns the Dominican Republic a score of 54.32 percent for an improvement of 0.36 percent, placing the Dominican Republic in third place out of the ten countries assessed in Latin America.

This is above: Colombia, Chile, Peru, Brazil, Argentina, Ecuador and Venezuela, and slightly below Mexico and Costa Rica.

Among the items evaluated are: Patents, Copyrights, Trademarks, design rights, trade secrets and protection of confidential information, commercialization of IP assets, enforcement, systemic efficiency, membership and ratification of international deals.

The information was received by the Embassy of the Dominican Republic in Washington, D.C., and was immediately forwarded to the Dominican Ministry of Foreign Affairs, which in turn sent an acknowledgement of receipt to the National Industrial Property Office (ONAPI).

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