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The Trans-Pacific Partnership is an agreement that is aimed at increasing the economic cooperation between such countries as the United States, Malaysia, Japan, Mexico, Canada, and many others. It should be noted that China is one of the states that have been excluded from this agreement.
This treaty gives rise to many disputes; for instance, one can speak about the threats to the job security of many employees and increasing outsourcing. One should keep in mind that policy-makers pay close attention to the protection of intellectual rights. In turn, in some countries of this union, there are practically no safeguards that can minimize the violations of copyright laws. These are some of the main details that can be singled out.
On the whole, this international treaty is closely related to various aspects of the law. Much attention should be paid to medical patents and copyright laws. The countries, which accept the common trade standards, should adopt similar legislation. For instance, the U. S. government adopted the Leahy–Smith America Invents Act which enables companies to patent medical innovations (Cahoy and Oswald 105). Furthermore, these countries should create institutions that support the registration of various patents, including medical ones. For instance, one can speak of organizations that can function as the U. S. Patent and Trademark Office (Burge 6).
Moreover, much attention should be paid to the enforcement of the legislation because the mere existence of laws does not ensure that the rights of manufacturers such as medical companies are properly protected. This argument can be particularly relevant if one speaks about developing countries that were willing to join this union. Thus, it is vital to avoid potential pitfalls related to the enforcement of copyright laws.
Additionally, some countries that may enter the Trans-Pacific Partnership may reject the standards imposed by the United States. For instance, American legislators enable organizations or individuals to patent surgical procedures (Kraemer 85). Therefore, it is possible to say that some foreign companies may not follow these norms. Many governments may not support the adoption of such standards.
Moreover, they are not included in the international copyright legislation. One should note that the international treatises about copyright laws often give rise to many debates. For instance, one can speak about the Agreement on Trade-Related Aspects of Intellectual Property or TRIPS (Kraemer 90). The provisions of this treaty are often violated by companies working in the countries that ratified this agreement. It is possible to say that the members of the Trans-Pacific Partnership may also face such difficulties. This is one of the challenges that policy-makers should anticipate.
Nevertheless, it should be noted that copyright laws are critical for improving the sustainability of many businesses, especially those which offer innovative products to clients. In turn, the absence of such safeguards can significantly diminish their competitiveness. Thus, one should take into account the interests of various stakeholders who may be affected by this international agreement. This is one of the main tasks that legislators should cope with.
On the whole, this discussion indicates that the ratification of the Trans-Pacific Partnership can have significant implications for various countries. Much attention should be paid to the norms that regulate the use of medical patients and other technologies since this particular aspect is critical for avoiding conflicts between organizations as well as governments. These are the main details that can be distinguished.
Works Cited
Burge, David. Patent and Trademark Tactics and Practice, New York: John Wiley & Sons, 1999. Print.
Cahoy, Daniel, and Linda Oswald. The Changing Face of US Patent Law and Its Impact on Business Strategy, New York: Edward Elgar Publishing, 2013. Print.
Kraemer, Sylvia. Science and Technology Policy in the United States: Open Systems in Action, New York: Rutgers University Press, 2006. Print.
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