After more than 25 years, Costa Rica has been removed by the Government of the United States of America from the so-called “black list” of countries which lack of good practices in the field of protection and enforcement of Intellectual Property rights.
The news represents an achievement for the country as well as professionals in the field of Intellectual Property because, although there is still a long way to go, leaving the “301 Watchlist” should be seen as good news and a step in the right direction.
With this exit, Costa Rica gets positioned as a country that respects international regulations on the protection of intellectual property, which represents an additional attraction for Foreign Direct Investment in our country.
The exit of this list responds to the recognition by the government of the United States on the progress that Costa Rica has made in seeking to improve the system of protection and enforcement of intellectual property.
Our country has taken steps in the right direction in terms of coordinating actions between the public and private sectors, in the interest of seeking to comply with international standards in the field of protection and enforcement, however, the way to go is still long in It seeks to give holders of intellectual property rights adequate protection in time and space.
Costa Rica had been on the watch list continuously since 1995.