{"id":50355,"date":"2018-04-03T12:19:47","date_gmt":"2018-04-03T09:19:47","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=50355"},"modified":"2018-04-03T12:19:47","modified_gmt":"2018-04-03T09:19:47","slug":"counterfeits-are-commercial-espionage-trade-ps","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2018\/04\/counterfeits-are-commercial-espionage-trade-ps\/","title":{"rendered":"Counterfeits are commercial espionage &#8211; Trade PS"},"content":{"rendered":"<div id=\"attachment_50358\" style=\"width: 508px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.capitalfm.co.ke\/business\/files\/2018\/04\/KIPTOO-CS-TRADE.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-50358\" class=\"wp-image-50358 size-full\" src=\"https:\/\/www.capitalfm.co.ke\/business\/files\/2018\/04\/KIPTOO-CS-TRADE.jpg\" alt=\"\" width=\"498\" height=\"391\" srcset=\"https:\/\/www.capitalfm.co.ke\/business\/files\/2018\/04\/KIPTOO-CS-TRADE.jpg 498w, https:\/\/www.capitalfm.co.ke\/business\/files\/2018\/04\/KIPTOO-CS-TRADE-300x236.jpg 300w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><\/a><p id=\"caption-attachment-50358\" class=\"wp-caption-text\">Dr. Chris Kiptoo has said counterfeiting is not only a Kenyan problem but a global phenomenon with devastating impact on fair trade.<\/p><\/div>\n<p><strong>NAIROBI, Kenya, Apr 3 &#8211;<\/strong>\u00a0<strong>Trade Principal Secretary Dr. Chris Kiptoo says counterfeits are a commercial espionage which undermines competitive advantage and erodes brand value reputation robbing owners of intellectual property rights.<\/strong><\/p>\n<p>Speaking at the inter-agency Anti-illicit stakeholders\u2019 forum in Nairobi, Kiptoo has said counterfeiting is not only a Kenyan problem but a global phenomenon with devastating impact on fair trade.<\/p>\n<p>He has reiterated the Government\u2019s commitment to fighting counterfeits, contraband, and undervalued goods.<\/p>\n<p>One of the measures taken is the proposed establishment of a Trade Remedy Agency under the Kenya Trade Remedies Bill which would investigate and impose anti-dumping and anti-counterfeit penalties.<\/p>\n<p>\u201cThe Trade Remedies Act 2017 provides the legal and institutional framework for the application of trade remedies in Kenya in compliance with the WTO law which requires a domestic law and institution to receive complaints and, undertake investigations in line with the WTO Agreements,\u201d Kiptoo told the media in January.<\/p>\n<p>Overall, Kiptoo added that trade remedies can contribute to the achievement of Africa\u2019s industrialization goals and need to be positively considered and implemented creatively to ensure the continent addresses its supply-side constraints and produces the goods that it requires for countries to trade with each other.<\/p>\n<p>\u201cSince manufacturing in Kenya has been identified as one of the primary areas of focus by the government, it will be worthwhile to consider that having a legal and institutional framework for the application of trade remedies in Kenya will significantly contribute to this national objective.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NAIROBI, Kenya, Apr 3 &#8211;\u00a0Trade Principal Secretary Dr. Chris Kiptoo says counterfeits are a commercial espionage which undermines competitive advantage and erodes brand value reputation robbing owners of intellectual property rights. Speaking at the inter-agency Anti-illicit stakeholders\u2019 forum in Nairobi, Kiptoo has said counterfeiting is not only a Kenyan problem but a global phenomenon with [&hellip;]<\/p>\n","protected":false},"author":13754,"featured_media":50358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,800,687],"tags":[],"coauthors":[811],"class_list":["post-50355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kenya","category-manufacturing","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Counterfeits are commercial espionage - Trade PS - Capital Business<\/title>\n<meta name=\"description\" content=\"NAIROBI, Kenya, Apr 3 -\u00a0Trade Principal Secretary Dr. Chris Kiptoo says counterfeits are a commercial espionage which undermines competitive advantage and Kenya breaking news | Kenya news today |\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.capitalfm.co.ke\/business\/2018\/04\/counterfeits-are-commercial-espionage-trade-ps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Counterfeits are commercial espionage - Trade PS\" \/>\n<meta property=\"og:description\" content=\"NAIROBI, Kenya, Apr 3 -\u00a0Trade Principal Secretary Dr. Chris Kiptoo says counterfeits are a commercial espionage which undermines competitive advantage and Kenya breaking news | Kenya news today |\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.capitalfm.co.ke\/business\/2018\/04\/counterfeits-are-commercial-espionage-trade-ps\/\" \/>\n<meta property=\"og:site_name\" content=\"Capital Business\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/capitalfmkenya\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-03T09:19:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.capitalfm.co.ke\/business\/files\/2018\/04\/KIPTOO-CS-TRADE.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"498\" \/>\n\t<meta property=\"og:image:height\" content=\"391\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"MARGARET NJUGUNAH\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@capitalfmkenya\" \/>\n<meta name=\"twitter:site\" content=\"@capitalfmkenya\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"MARGARET NJUGUNAH\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.capitalfm.co.ke\\\/business\\\/2018\\\/04\\\/counterfeits-are-commercial-espionage-trade-ps\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.capitalfm.co.ke\\\/business\\\/2018\\\/04\\\/counterfeits-are-commercial-espionage-trade-ps\\\/\"},\"author\":{\"name\":\"MARGARET NJUGUNAH\",\"@id\":\"https:\\\/\\\/www.capitalfm.co.ke\\\/business\\\/#\\\/schema\\\/person\\\/d8c5b8549c9847d639ec634afb48f11d\"},\"headline\":\"Counterfeits are commercial espionage &#8211; 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