Stopping the Fakes

The US on Saturday (hey, good to know I’m not the only one working weekends) signed a seven-nation agreement to implement an infrastructure for preventing counterfeits. Other assignees include Australia, Canada, Japan, Korea, Morocco, New Zealand and Singapore, while the EU, Mexico and Switzerland appear to be about ready to come on board as well.

I’m not entirely optimistic this will staunch the flood of fakes pouring into the US — without China’s active involvement, that just cannot happen — but it’s good to be on the same page with the majority of our other trading partners. Perhaps together we can accomplish that which we cannot do alone.