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28 September 2022

The Eurasian Economic Union (EAEU) is developing an agreement on protection of intellectual property rights on the Internet. This was stated by Bakytzhan Sagintayev, member of the Collegium (Minister) on Economy and Financial Policy of the Eurasian Economic Commission (EAEC) at the 10th International Forum "Anti-Counterfeiting".

"The EAEU member-states constantly analyze market development trends, including those related to digitalization, implementation of artificial intelligence, application of digital business models, and development of e-commerce. Taking into account the trends, the Commission, together with the member states, is working on an agreement to ensure the protection of intellectual property rights on the Internet. The draft agreement, in particular, provides for the introduction of a mechanism for blocking illegal content in court and in pre-trial order, involving information intermediaries in the process of suppressing violations of intellectual property rights, as well as establishing responsibility for refusal to limit access to illegal content in the national legislation of the Union," - EAEC representatives said.

"When creating approaches to the protection of intellectual property on the Internet, we have to take into account the interests of all stakeholders in order to avoid creating unreasonable barriers in business for copyright holders, owners of online resources and information intermediaries," Bakytzhan Sagintayev said.

Source - BELTA