Protecting Intellectual Property Rights: Congress Controls International Agreement Changes.
This act aims to ensure that the President of the United States cannot unilaterally alter international intellectual property agreements, such as the TRIPS Agreement. This means any changes to rules concerning patents, trademarks, or copyrights, which could affect the availability of medicines, technologies, or products, will require Congressional approval. As a result, citizens have greater assurance that important decisions regarding their access to innovation and product costs will be made with the involvement of their representatives.
Key points
President requires Congressional authorization for changes to intellectual property agreements.
The act aims to protect intellectual property rights in international trade.
It impacts how the United States negotiates rules on patents and copyrights.
Status:
Expired
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