Ukraine has become a leading source of pirate CDs
Published:
22 December 2001 y., Saturday
The Ukrainian Foreign Minister, Anatoly Zlenko, has said that relations with the United States will not be damaged by Washington's decision to impose sanctions on Ukraine over video and compact disc piracy.
The United States imposed new duties on a range of Ukrainian goods on Thursday, after the Ukrainian parliament rejected a bill to combat the unauthorised production of compact discs, CD-ROMs and DVDs by introducing a system of licensing for intellectual property.
The US estimates that Ukrainian piracy costs American businesses between $75m and $200m per year, and has been urging Kiev to take action for about two years.
It is retaliating by imposing punitive tariffs on Ukrainian goods, including metals and footwear.
Announcing the new sanctions, US Trade Representative Robert Zoellick, said the US had tried to avoid introducing the punitive tariffs but Ukraine had not fulfilled its commitments "to pass adequate legislation to stop the unlicensed production of optical media products".
He said the US had to move "forcefully" to protect its rights.
Šaltinis:
news.bbc.co.uk
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The World Bank is seeing a surge in demand from borrowers seeking the Bank’s expertise to mitigate currency and interest rate risk.
more »
The European Commission has approved under EU state aid rules a Lithuanian package intended to stabilise the markets as a response to the global financial crisis.
more »
Total cereal production in 2010 should be close to the average from the last five years. While the yield per hectare will be 5% above average, overall cultivated areas have decreased.
more »
According to the unaudited data, AB Bank SNORAS profit prior to provisions and tax exemption within the first half of this year comprised LTL 51 million, the bank formed almost LTL 48 million provisions.
more »
The European Commission today approved two applications from Denmark for assistance from the EU Globalisation Adjustment Fund (EGF).
more »
The European Investment Bank today signed two loans for a total amount of EUR 150 million in support of small and medium-sized enterprises (SMEs) in Turkey.
more »
On 23 July 2010 the Board of the Bank of Lithuania permitted Bank SNORAS to register a change to the articles of association related to the increase of the authorized capital of the bank by LTL 82.3 million up to LTL 494,217,107.
more »
Heads of State and top officials from the Central American Integration System and World Bank Group President, Robert B. Zoellick, agreed to join efforts towards regional cooperation and integration and adopted a comprehensive agenda that includes an action plan with more than 20 specific measures.
more »
The Executive Board of the International Monetary Fund (IMF) today approved the full cancellation of Haiti’s outstanding liabilities to the Fund, of about SDR 178 million (equivalent to US$268 million).
more »
The Executive Board of the International Monetary Fund (IMF) today completed the third review of Latvia's performance under an economic program supported by a Stand-By Arrangement (SBA).
more »