Dubai, United Arab Emirates, 18 March 2018, (AETOSWire):The Japan External Trade Organization (JETRO)and Middle East Intellectual Property Group (ME-IPG) have reaffirmed their commitment to suppress the illicit trade and the circulation of counterfeit Japanese products in the UAE and the wider Middle East region.
And with counterfeit goods worth hundreds of millions being seized in the UAE every year, unsuspecting consumers have been put on high alert on the dangers of using such illicit products.
Speaking at the just concluded IP activation held in Dubai, JETRO spokesperson expressed deep concerns of how the proliferation of counterfeit goods in the region is negatively affecting genuine businesses.
According to Masami Ando, JETRO’sManaging Director, counterfeits inflows in the UAE and in particular Dubai are a big concern for Japanese brands and businesses opertating in the region. This, he says, is a worrying and dangerous trend which, if not tamed, could scuttle the region’s economic gains as well as expose consumers to risks associated with the purchase and use of fake goods.
In 2017, fake goods worth over US$76 million were nabbed after a sting operation by law enforcement in the city. Similar inter-agency operations conducted in 2014 and 2016 netted goods worth over US$67 million and US$37 million respectively.
“The counterfiets trade is adversely affecting genuine brands and businesses. Counterfeits and trademark violation is now the number one concern for Japanese businesses that are looking to expand into the UAE market. If this illicit trade is not addressed, the region could eventually become less attractive to investors.” said Mr. Ando.
Mr. Ando was however optimistic that through stakeholder forums such as Spot the Difference: The Real Japanese Brand vs. The Fake activation, the war against counterfeits could be won. This IP exhibit was held with the support of the related government authorities such as Dubai Police, Dubai Economy, Dubai Customs and EIPA.
The real vs. fake goods exhibition brought together 6 Japanese companies who took part in educating participants on how to spot fake goods.
Participants from all over the region were also sensitized on the dangers in terms of health and security as well as the long-term costs associated with the purchase and use counterfeit products.
The Japanese entrepreneurs are now collectively calling on all stakeholders to strengthen the fight against Intellectual Property crimes both offline and online in a bid to protect their brands as well as maintain Dubai’s healthy and competitive business environment.
With online marketplaces having increasingly become key distribution channels for fake goods, counterfeit traders are now boldly showcasing their products on social media preying on unsuspecting buyers.
In 2017, the DED shut down more than 6,800 Instagram accounts for allegedly promoting and selling pirated goods. Over 3,600 accounts were previously shut down during the same period in 2016.
Some of the products that are mostly counterfeited include designer bags, home electronic appliances, mobile phones and accessories, watches and fashion items, fragrances, motor vehicle spare parts among others.
The Japan External Trade Organization (JETRO) is a government agency that seeks to promote mutual trade and investment between Japan and the rest of the world through a global network spread over 70 regional offices abroad and over 40 offices in Japan.
JETRO, which was established in 1958 to primarily promote Japanese exports abroad, now has an expanded mandate that is focused on promoting foreign direct investment into Japan and assisting small to medium size Japanese firms maximize their global export potential.
JETRO’s core activities also include the program for Japanese high-tech startups and innovators to accelerate their business overseas through business matching and so on.
The Middle East Intellectual Property Group (ME-IPG) is a non-profit organization created by the Japan External Trade Organization (JETRO). Established in February 2016, ME-IPG consists of 26 Dubai-based Japanese companies along with the Consulate General of Japan in Dubai. Funded by the Japan Patent Office, ME-IPG’s aim is to strengthen the network of Japanese companies and intellectual property related organizations for the protection of intellectual property around the Middle East.