The truth about the leaked IP chapter of the Trans Pacific Partnership (TPP)
Pro-TPP Caucus Formed on the Hill
Today, a new caucus was formed on Capitol Hill in support of the Trans-Pacific Partnership (TPP).
"Friends of the Trans Pacific Partnership" was formed by Congressmen Dave Reichert (R-WA), Ron Kind (D-WI), Charles Boustany (R-LA), and Gregory Meeks (D-NY). Here's a link to the press release from Congressman Reichert.
As the TPP (hopefully) begins to draw toward a successful completion, it's good to see support for the agreement beginning to form on Capitol Hill. Read More >>
IPI participating this week in TTIP negotiations
This week marks the initial negotiating session for the new Transatlantic Trade and Investment Partnership (TTIP) agreement, which is a new free trade agreement between the U.S. and the European Union. And IPI will be there.
Like most trade agreements, the goals include lowering tariffs, but because the E.U. countries are for the most part advanced economies, there will be more focus on technical regulations, standards and certifications—all designed to make it easier to sell and ship goods between the U.S. and the E.U.
There’s nearly a $trillion per year in trade between the U.S. and the E.U., but the barriers are such that both sides of the agreement think there are $billions in savings to be achieved by lowering tariffs and otherwise making it easier to do business across the pond. Read More >>
Special 301 - What's So Special?
Earlier this month, the USTR released this year's Special 301 report. The report is prepared and released annually, identifying trade barriers to U.S. companies doing business in another country because of a lack of "adequate and effective" intellectual property laws, that is, laws, or the lack thereof, that result in inappropriate protection for intellectual property rights.
As a general proposition, this year's report was no surprise. The list of violators, of those who need to step up their efforts (to say the least), is fairly predictable.
China: "USTR reports grave concerns about misappropriation of trade secrets in China, and incremental progress on a few of China’s many other significant IPR and market access challenges"
Former Russia state, Ukraine: "USTR designates Ukraine a Priority Foreign Country (PFC) under the Special 301 statute due to severe deterioration of enforcement in the areas of government use of pirated software and piracy over the Internet, as well as denial of fair and equitable market access through the authorization and operation of copyright collecting societies" Read More >>
USTR releases annual "Special 301" report
Today, the Office of the United States Trade Representative has released its annual "Special 301" report which details the "adequacy and effectiveness of U.S. trading partners’ protection and enforcement of intellectual property rights (IPR)."
The report can be found here (it's a 59 page PDF).
From the press release:
- USTR designates Ukraine a Priority Foreign Country (PFC) under the Special 301 statute due to severe deterioration of enforcement in the areas of government use of pirated software and piracy over the Internet, as well as denial of fair and equitable market access through the authorization and operation of copyright collecting societies;
- USTR reports grave concerns about misappropriation of trade secrets in China, and incremental progress on a few of China’s many other significant IPR and market access challenges;
- USTR adds Barbados, Bulgaria, Paraguay, and Trinidad and Tobago to the Watch List due to specific problems identified in the report;
- USTR announces that while El Salvador and Spain are not listed in the Report, USTR will conduct out-of-cycle reviews to assess progress on IPR challenges identified in this year’s reviews of those countries;
- Canada moves from the Special 301 Priority Watch List to the Watch List in recognition of significant progress on copyright issues, while USTR continues to work with Canada to address several remaining IPR concerns; and
- Brunei Darussalam and Norway move off of the Special 301 Watch List. < Read More >>
Texas is #1 Exporting State -- By a Mile
According to statistics from the Commerce Department, in 2012 Texas was the #1 exporting state in the country--and by a mile, too:
- Texas total exports for 2012 were $265.4bn compared to #2 California with $161.7bn
- Top destinations for Texas exports in 2012: Mexico ($94.8bn); Canada ($23.7bn); China ($10.3bn); Brazil ($10.0bn); Netherlands ($9.5bn); South Korea ($7.8bn); Venezuela ($6.9bn); Singapore ($6.3); Colombia ($5.6bn); Japan ($4.7bn)
- Texas' top exporting industry segments for 2012: Petroleum and Coal Product ($57.2bn); Chemicals ($47.0); Computer and Electronic Products ($45.2); Machinery, except electrical ($29.4); Transportation Equipment ($25.2); Electrical Equipment, Appliances and Components ($9.2); Fabricated Metal Products ($9.0); Primary Metal Manufacturing ($7.9); Food and Kindred Products ($5.4); Oil and Gas ($5.3); Plastics and Rubber Products ($4.3); Agricultural Products ($4.3) < Read More >>
IPI presenting at Trans-Pacific Partnership negotiations in San Diego
Next Round of Trans-Pacific Partnership Negotiations July 2-10, 2012
It's been announced that the next round of Trans-Pacific Partnership negotiations will be held in San Diego July 2-10, 2012. Read More >>
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