Trans pacific partership agreement

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Trans pacific partership agreement

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Trans pacific partership agreement

  1. 1. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com TRANS-PACIFIC PARTNERSHIP TREATY S.PoNkAvITHA TRAdEmARk dEPT. 1 Trans-Pacific Partnership Treaty
  2. 2. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com What is Free Trade Agreement ? Free Trade Agreement (FTA) between two or more countries is entered by countries to create a free- trade area is the region encompassing a trade bloc for the member countries. Such agreements involve cooperation between at least two countries to reduce trade barriers – import quotas and tariffs – and to increase trade of goods and services with each other.. 2 Trans-Pacific Partnership Treaty
  3. 3. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com What is Trans-Pacific Partnership Treaty ?  The Trans-Pacific Partnership (TPP) is a free-trade agreement signed in Auckland, New Zealand, on Feb. 4, 2016 between 12 countries of the Pacific rim including Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States of America, Vietnam and Japan.  The trade pact will enter into force after, it is ratified by at least six participating governments over the next two years.  The 12 member countries represent nearly 40% of the global GDP and about one-third of all world trade, nearly twice as much as the European Union (EU).  It has been signed amidst protests due to it’s controversial intellectual property provisions.3 Trans-Pacific Partnership Treaty
  4. 4. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com INTELLECTUAL PROPERTY PROVISIONS IN TPPA 4 Trans-Pacific Partnership Treaty TRADEMARKS UNDER TPPA Trademark protection is extended for sounds, scents and collective marks. A well known trademark, it neither needs to be a registered trademark nor it has to be popular in the relevant sector of public, thus deviating from TRIPS which requires the trademark to be known in the relevant sector of the public for it to be considered a well-known trademark.
  5. 5. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com 5 Trans-Pacific Partnership Treaty PATENTS UNDER TPP  Term Of Data Exclusivity is “at least eight years” of protection “from the date of first marketing approval of that product in that Party” or for a period of “at least five years from the date of first marketing approval of that product in that Party”,  TPP is also the first U.S. trade agreement to include an explicit reference to protection for biologics. PATENTS
  6. 6. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com REQUISITES FOR PATENTABILITY Patents shall be available “for any new forms, uses, or methods of using a known product... even if such invention does not result in the enhancement of the known efficacy of that product.” This is the first time that ever- greening of patent has been given approval in a FTA. 6 Trans-Pacific Partnership Treaty
  7. 7. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com 7 Trans-Pacific Partnership Treaty  COPYRIGHT  the term of copyright protection extended to 70 years after the death of a natural person; and 95 years from the date of the first authorized publication of the work, performance of phonogram for a non-natural person. “Failing such authorized publication within 25 years from the creation of the work, performance, or phonogram, not less than 120 years from the end of the calendar year of creation.”  TPPA provides limitations on Internet Service Provider (ISP) liability and expressly provides that eligibility for these liability limitations “shall not be conditioned on the [ISP] monitoring its service or affirmatively seeking facts” of infringement
  8. 8. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com ANTI-CIRCUMVENTION PROVISIONS 8 Trans-Pacific Partnership Treaty Civil and criminal liability against any person who “circumvents without authority any effective technological measure that controls access to a protected work,” or otherwise makes available devices that are intended to circumvent for commercial advantage or private financial gain. There is no knowledge requirement in order to be held civilly liable. Rights holders may “authorize or prohibit all reproductions of their works in any manner or form.” rights holders may authorize or prohibit parallel imports.
  9. 9. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com TPP provides the most robust trade secret protections to require criminal penalties for trade secret theft, including cyber-theft.  However, the Agreement also allows Parties to impose limitations on the availability of such remedies. TPPA requires member countries to provide a range of IP enforcement mechanisms, including civil and administrative procedures and remedies, provisional measures, border measures, and criminal procedures and penalties.  TPP permits seizure not only of infringing products but also of “assets derived from, or obtained through, the alleged infringing activity”.9 Trans-Pacific Partnership Treaty TRADE SECRETS
  10. 10. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com Vietnam - whose low-wage economy relies on exports - is estimated to be the biggest winner of the deal that slashes an estimated 18,000 tariffs among the dozen participating countries. Brunei Darussalam, Japan, Mexico, Singapore, & U.S.A will have huge benefits from TPP Malaysia, Chile, Peru, New Zealand, Canada & Australia will have minimal or no benefits EFFECT OF TPP ON MEMBER COUNTRIES 10 Trans-Pacific Partnership Treaty
  11. 11. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com CONS OF TPP Here are the major ways the agreement would stunt the economic development of its developing- country members: Forces Member Countries To Alter Their Laws Forces Equal Rules On Unequal Partners Forbids Using Trade Policy To Protect Domestic Industries Bans Government Procurement To Assist Domestic Firms 11 Trans-Pacific Partnership Treaty
  12. 12. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com  Drastically Limits Regulation Of Foreign Investors  Undermines The Sovereignty Of National Courts And Scares Countries From Adopting New Regulations  Would Block Developing Countries From Using Capital Controls  Undermines Public Health  Undermines State-owned Companies 12 Trans-Pacific Partnership Treaty CONS OF TPP
  13. 13. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com CONCLUSION  Nobel Prize winning economist Joseph Stiglitz called the Trans-Pacific Partnership as the "the worst trade deal ever." Protestors decried TPP, a mammoth free trade agreement whose 12 members comprise nearly 40 percent of global GDP, as a “death sentence” for cancer and HIV patients, among others. If T.P.P. falls apart, it would be an advantage for China. Non-ratification would signal that Beijing gets to dictate policy in the region, and the attempt to integrate Vietnam comprehensively in a rules-based international economy fails. Whether TPP will with stand the test of time is for us to wait and watch !! 13 Trans-Pacific Partnership Treaty
  14. 14. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE #1533, Trichy Road, Coimbatore – 641018. Tel: +91 - 422 - 6552921 HYDERABAD Suite 132 & 133, Level 1, Midtown, Road No 1, Banjara Hills, Hyderabad - 500034. Tel: +91 - 40 - 6050 6009 EMAIL info@altacit.com WEBSITE www.altacit.com Trans-Pacific Partnership Treaty14

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