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". Mr President, firstly I should like to personally and warmly thank Mr Masip Hidalgo for the remarkable work he has done on this regulation and for the role he played personally in the agreement reached with the Council a few days ago on 19 December. I hope, honourable Members, that Parliament will stay very closely involved in the work of the Observatory, as we proposed, as you requested and as I recalled just last Friday afternoon, Mr Hidalgo, when I found myself spending the day in Alicante to meet the 1 200 people who work at the Office of Trade Marks and Designs. They do remarkable and extremely modern work and it is in Alicante, thanks to you and thanks to this agreement, that the work of this Observatory that we are establishing thanks to your decision and your work, will receive financial and technical support. I wanted to thank you most sincerely for this. It is very important, honourable Members, that we have a good understanding of these phenomena and these infringements so that we may act appropriately and not in the wrong way. It is now the tool that we will put in place, which is starting to be put in place, and which will be possible thanks to you. I should also like to praise the efforts of other Members of the Committee on Legal Affairs, particularly the shadow rapporteurs and the rapporteurs for the opinion of the Committee on Culture and Education and the Committee on the Internal Market and Consumer Protection, Ms Verheyen and Mr Bielan. All of these efforts, and others which I cannot mention, have allowed us to reach a fair and positive compromise for which I would like to voice my agreement, Mr Hidalgo. I should also like to express my gratitude to the Polish Presidency for supporting this matter until it was approved. Honourable Members, as the rapporteur, Mr Hidalgo, said, the protection of intellectual property is very important to me. It is an important issue for our economy. It is a major challenge, which we must overcome together for the sake of competitiveness. It is only natural that intellectual property and the defence of intellectual property should be an issue now rather than during the last century. This is, of course, the age of the Internet. It is also the age of Europe. That is why I launched a broad action plan on 24 May to modernise the rules currently governing the protection of intellectual property in Europe. The creation of this European Observatory on Infringements of Intellectual Property Rights — that is what it shall be called, Mr Hidalgo, as Parliament wanted, ‘the European Observatory on Infringements of Intellectual Property Rights’, and I approve of this name — is a key initiative in this direction. It is, moreover, the first legislative initiative of this action plan. The Observatory will be one of the cornerstones of our common fight against these infringements. The creation of this Observatory represents two important advances: firstly, it will be a forum for technical experts from the public and private sectors to exchange information and experiences and, secondly, it will improve our ability to obtain reliable data on the real impact of these infringements on the economy and jobs in Europe. It is important that we fully understand what we are dealing with in order to react appropriately. I want to thank Parliament for its support for our proposal in the negotiations with the Council, particularly in terms of ensuring that the Member States provide the Observatory with information and data. Thanks to the agreement which has been concluded, the Observatory will now become fully operational within the Office for Harmonisation in the Internal Market as soon as possible. However, honourable Members, this will not mark the end of all our efforts and our cooperation. My services will stay fully involved in all of the Observatory’s activities, in a spirit of cooperation with the Office. Furthermore, the Commission will be one of the main beneficiaries of the services provided by the Observatory thanks to the increased credibility and objectivity of the data it will collect. The regulation will also give the Commission the opportunity to ask the Office to publish recommendations in the areas covered by the Observatory."@en1
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