Home' Trinidad and Tobago Guardian : May 17th 2013 Contents RAPHAEL JOHN-LALL
Chairman of the Telecommunica-
tions Authority of Trinidad and Toba-
go (TATT), Selby Wilson, has warned
that the number of people in T&T
affected by intellectual property vio-
lations will continue to grow if that
illegal practice continues unchecked.
Wilson told the TATT s 13th ICT
Open Forum on Wednesday that piracy
not only affects big businesses but peo-
ple from all walks of life.
"A common misconception is that
optical disc piracy, that is the piracy of
CDs, DVDs and CD-ROMs, the use of
illegal software programmes and even
cable television piracy, only affect major
conglomerates in large countries. The
truth is that these acts also victimise
many local artistes and consumers in
our even smaller markets creating a
cadre of victims that will continue to
grow each year if intellectual property
violations are allowed to continue
unchecked," he said.
"Intellectual property rights are a
critical aspect of such an enabling envi-
ronment. T&T has a modern framework
for intellectual property rights consistent
with its obligations under various inter-
national agreements, most notably those
pursuant to its membership in the
World Trade Organisation (WTO).
"Intellectual property rights affect
every aspect of the life of every citizen
as these rights are attached to the var-
ious forms of information which we
interact. Included among these are var-
ious forms of literary and artistic prod-
ucts which maybe protected by copy-
rights," Wilson said.
He said effective regulation of the
broadcast sector is important.
"Many of these literary and artistic
products are received via the broadcast
media. The broadcast sector is one of
the industries considered part of the
core of the copyright enabled economy.
This is so because the act of commercial
broadcasting primarily concerns the
production and distribution of audio
visual content to the public which are
in almost all instances protected by
some form of intellectual property," he
Wilson said compliance has improved
over the years.
"Before the liberalisation of the
telecommunications and broadcasting
sector, which culminated in the imple-
mentation of the Telecommunications
Act, piracy, in particular for cable tel-
evision, was a major problem in T&T.
However the market has come a long
way since that time," he said.
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VATICAN CITY---Pope Francis has
denounced the global financial system,
blasting the "cult of money" that he
says is tyrannising the poor and
turning humans into expendable
In his first major speech on the
subject, Francis demanded that
financial and political leaders reform
the global financial system to make it
more ethical and concerned for the
common good. He said: "Money has to
serve, not to rule!"
It's a message Francis delivered on
many occasions when he was
archbishop of Buenos Aires, and it's
one that was frequently stressed by
retired Pope Benedict XVI.
Francis, who has made clear the
poor are his priority, made the
comments as he greeted his first
group of new ambassadors accredited
to the Holy See. (AP)
Pope blasts 'cult of money' that tyrannises poor
Senator Vasant Bharath, Minister
of Trade, Industry and Investment
and Minister in the Ministry of
Finance and the Economy, met on
Wednesday with the newly appointed
Exim Bank board of directors at the
ministry s head office, Nicholas Tow-
At the meeting, Bharath emphasized
the role of Exim Bank to facilitate fund-
ing to local businesses in T&T for export
and import in an effort to take advan-
tage of global trade opportunities.
He encouraged the board members
to work closely with ExporTT to develop
the export market and encourage local
businesses to export their products.
Newly appointed chairman Ruthven
Jaggassar gave the commitment that
Exim Bank will deliver on its mandate
and assured that exporters will benefit
from rate structures currently being
The other board members are Greig
Laughlin, Bijili Lalla, Stephen McCarthy,
Sharon Ramnarine, Norris Herbert and
Piracy affecting all walks of life
Telecommunications Authority of T&T chairman Selby Wilson
addresses the ICT forum. PHOTO: ANDY HYPOLITE
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