Agreement calls for criminal prosecutions for violations of intellectual property rights.
The TPP agreement is to include rules allowing criminal prosecutions for infringements of intellectual property rights (IPR), such as designing software to crack other software and the illegal use of cable TV.
One of the many features of the TPP is its efforts at establishing high standards in the protection of IPR, especially in pharmaceuticals. It requests member countries have effective enforcement mechanisms for the protection of IPR in their territory, including at the border and within the internet environment.
Mr. Tran Quoc Khanh, Deputy Minister of Industry and Trade, said that allowing criminal prosecutions for IPR infringements is a stronger approach than that taken in the WTO, where they are dealt with under a civil prosecution.
In the 30 chapters of the TPP is a chapter exclusively dedicated to IPR, including patents, trademarks, copyrights, trade secrets, and other forms of intellectual property.
The provisions will make it easier for enterprises to register and protect their intellectual property in new markets, which is particularly essential for small enterprises.
Deputy Minister Khanh said that Vietnam will implement all standards contained within the TPP in accordance with the timeline and the country’s capacity.