. Earth Science News .




.
TRADE WARS
Deal on Europe-wide patent 'in days': Barnier
by Staff Writers
Beijing (AFP) Jan 18, 2012


EU internal market commissioner Michel Barnier said Wednesday he hoped that a final agreement for a single European patent would be reached within days, ending a three-decade struggle for a deal.

Efforts to launch a single patent that would cover the European Union -- making it up to 80 percent cheaper and easier for inventors to protect their work -- have been mired in discord for years.

"In several days, we hope to obtain an agreement on the creation of a single European patent after 30 years," Barnier told reporters during a two-day visit to Beijing.

He said the patent would represent "an immediate protection for industrial inventions for the whole of Europe, whereas today it is around 10 times more costly to protect industrial inventions than in the United States due to language (issues)."

Under the current system, inventors must acquire patents in individual countries -- a process that can cost up to 20,000 euros ($25,500), including 14,000 euros in translation fees.

In comparison, US inventors only spend around $1,850 to protect their work.

European ministers had hoped the deal would be concluded at the end of 2011, but it was held up when 25 EU nations committed to its launch failed to agree on where to headquarter a tribunal.

Italy and Spain have opposed the system in anger over the use of English, French and German as its three official languages.

Last May, Italy said it had lodged a formal complaint with the European Court of Justice against a decision by the EU member states involved to come up with a continent-wide patent without its consent.

During his trip to China, Barnier met with several senior officials including China's finance minister Xie Xuren.

He said they had reiterated their confidence in Europe's economy, despite Standard & Poor's move to cut the sovereign debt ratings of nine eurozone countries and the region's bailout fund.

Barnier also called on China to adhere to a new agreement reached by members of the World Trade Organization to further open up public procurement.

Foreign governments and firms have long complained China favours domestic companies and squeezes them out of the government's lucrative procurement market, although Beijing has abolished some measures seen as encouraging the practice.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
China's Wen calls for Gulf free trade pact
Sharjah, United Arab Emirates (AFP) Jan 18, 2012
Chinese Premier Wen Jaibao called for the speedy conclusion of talks on a free trade pact with Gulf states, as he paid a visit to the United Arab Emirates on Wednesday. "Both sides need to show political will to sign the agreement as soon as possible," Wen told participants at a joint Chinese-Arab business conference in Sharjah, one of the UAE's seven sheikhdoms. "The negotiations have b ... read more


TRADE WARS
Disasters cost $366 billion in 2011: UN

Simulating firefighting operations on a PC

UN aid appeal for Philippine floods falls short

Japan disaster builds international bridges

TRADE WARS
Apple unveils digital textbooks app for iPad

Neutron scattering provides window into surface interactions

Photo pioneer Kodak files for bankruptcy

Lynas rare earth facility awaits approval

TRADE WARS
'Ocean giants' ban needed on Italy coasts: environmentalists

Carbon dioxide affecting fish brains: study

Why do dew drops do what they do on leaves?

Scientists Look to Microbes to Unlock Earth's Deep Secrets

TRADE WARS
Engineering team completes ambitious Antarctic expedition in the 'deep-field'

Eyeing resources, India, China, Brazil, Japan, other countries want a voice on Arctic Council

Denmark names first Arctic envoy

Russian ship to pump fuel to ice-bound Alaska port

TRADE WARS
Solutions for a nitrogen-soaked world

Not On My Planet: How far is far enough

The fermented cereal beverage of the Sumerians may not have been beer

Prices plunge as China turns sour on top Bordeaux

TRADE WARS
British scientific expedition discovers world's deepest known undersea volcanic vents

Strong quakes rattle remote Antarctica

World's most extreme deep-sea vents revealed

Death toll in Brazil floods, landslide rises to 33

TRADE WARS
Sudan rebels say key govt outpost taken

S.African rangers kill poachers in Kruger park

S. Africa slams Security Council over Libya crisis

Somalia: rebels and regional powers in the conflict

TRADE WARS
Sitting pretty: bum's the word in Japan security

How the brain computes 3-dimensional structure

We May Be Less Happy, But Our Language Isn't

Canada urged to conceal fetal sex over abortion fears


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement