{"id":75724,"date":"2016-12-15T05:15:13","date_gmt":"2016-12-15T10:15:13","guid":{"rendered":"https:\/\/ipwatchdog.com\/?p=75724"},"modified":"2016-12-14T16:45:20","modified_gmt":"2016-12-14T21:45:20","slug":"trump-says-tpp-dead-what-now-for-ip","status":"publish","type":"post","link":"https:\/\/ipwatchdog.com\/2016\/12\/15\/trump-says-tpp-dead-what-now-for-ip\/id=75724\/","title":{"rendered":"President-Elect Trump Says the TPP is Dead, but What Now for IP?"},"content":{"rendered":"

\"DonaldPresident-Elect Donald Trump has announced that he will withdraw the United States from the Trans-Pacific Partnership (TPP) agreement on his first day in office. So ends more than five years of often heated negotiations led by President Barack Obama\u2019s administration as part of an overall strategy to strengthen the US position in the Pacific Rim region.<\/p>\n

As in any international trade agreement, intellectual property rights<\/a> (IPR) were a central theme in the TPP. After all, IPRs are granted and enforced at the national level. International trade in knowledge products can only be promoted if there is IPR coordination across the countries entering into the agreement.<\/p>\n

IPR issues were negotiated passionately during the drafting of the agreement and were the subject of some of the loudest opposition to the TPP. Although the TPP agreement itself is under the gun, the IPR issues raised and contested will continue to play a prominent role in the bilateral or multilateral trade agreements that will be negotiated in its place.<\/p>\n

First of all, the 5Ws of the TPP<\/h2>\n

Who<\/strong>: 12 Pacific Rim countries (in alphabetical order): Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, USA, Vietnam. Note the conspicuous absence of China.<\/p>\n

What<\/strong>: A mega-regional trade agreement that removes or reduces tariff barriers and harmonizes key commercial practices in order to promote a free yet safe flow of goods among the member countries.<\/p>\n

When and Where<\/strong>: After five years of highly secretive negotiations, the TPP was finalized in Atlanta, Georgia on October 5, 2015 and signed on February 4, 2016 in Auckland, New Zealand \u2013 subject to ratification by the signatory countries within 24 months.<\/p>\n

Why<\/strong>: According to the Office of the United States Trade Representative<\/a> (USTR), the TPP is meant to \u201cpromote economic growth; support the creation and retention of jobs; enhance innovation, productivity and competitiveness; raise living standards; reduce poverty in our countries; and promote transparency, good governance, and enhanced labor and environmental protections.\u201d<\/p>\n

The TPP IP innovations<\/h2>\n

In general, the IPR-related TPP clauses<\/a> are based on existing international IPR standards such as TRIPS (WTO agreement on Trade-Related Aspects of Intellectual Property Rights), WIPO and PCT. However, the US negotiators in particular were seeking to significantly<\/strong> strengthen<\/strong> and broaden<\/strong> the protection for patents, trademarks, copyrights and trade secrets \u2013 including rights on digital media and pharmaceutical products. While not all of the US provisions were accepted, former World Bank Director of Economic Policy and Debt Carlos Braga<\/a> provides an excellent summary of the noteworthy measures that did make it into the agreement:<\/p>\n