US-China Business Council Recommendations for Trade Secret Protection

Trade secrets as defined by the TRIPS Agreement is secret information that has commercial value and is the subject of reasonable steps to protect it (TRIPS Art. 39). Inadequate protection of technical trade secrets, including technologies that may benefit from not being disclosed as a patent, can be a hindrance to the development of innovative companies.  In addition, business  confidential trade secret information, such as client lists, can be immensely valuable to any company. IPR stakeholders not only have to worry about trade secret theft from their activities in China, but the theft of trade secret information from the US for delivery to China also remains a concern. Continue reading