Question to the Department for Business, Innovation, Science and Trade:
To ask the Secretary of State for Business, Innovation, Science and Trade, what assessment he has made of the potential economic impact of improving international intellectual property enforcement for UK creative businesses.
The UK Government recognises that intellectual property (IP) enforcement is essential to supporting growth for UK creators, rights holders and businesses operating internationally to secure returns on investment in innovation and creativity.
While no specific assessment has been made of the potential impact of improving international IP enforcement for UK creative businesses, the OECD has estimated trade in goods infringing UK IP rights was worth £12.1 billion in 2021, with associated sales, jobs and public revenue impacts.
The Intellectual Property Office supports UK businesses protecting their rights overseas by working with international partners, law enforcement and industry to strengthen IP enforcement frameworks.