Why TRIPS plus provisions are important in FTAs and what are the consequences of this inclusion?

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By entering into FTAs with the developed countries, developing countries see some advantages in tariff reductions on agricultural, clothing and other products. In return, developed countries seek better market access and investment opportunities for products and services of their interest. In addition, developed countries also seek to raise the minimum levels of protection for IPRs… Read more »

Which IPRs are covered under TRIPS?

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The IPRs covered by the TRIPS Agreement are: Copyright and related rights (i.e. the rights of performers, producers of sound recordings and broadcasting organizations) Trademarks, including service marks Geographical indications including appellations of origin Industrial designs Patents including the protection of new varieties of plants Layout-designs (topographies) of integrated circuits Undisclosed information, including trade secrets… Read more »

Have the end dates for duty elimination or duty reduction in the ASEAN Agreement been advanced or fast tracked in the IMCECA?

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Yes, the end dates for ASEAN has been advanced in IMCECA by tariff elimination/reduction under Normal Track-1, Normal Track-II and Sensitive Track have been advanced/fast tracked by 3 to 6 months. For example the end dates for tariff elimination under Normal Track-1 have been advanced from 31 December, 2013 to 30 September, 2013 while those for… Read more »

What does the India- Malaysia Agreement on Trade in Goods offer?

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The CECA is an addition to the existing India ASEAN Agreement on Trade in Goods. Under the CECA, India has offered ASEAN-plus tariff concessions to Malaysia on 76 items and thereby given access to products such as fruits, cocoa, and synthetic textiles etc. Malaysia has also offered similar tariff concessions to India on 140 items,… Read more »

What are the major export opportunities for India under the Agreement?

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Some of the product categories of export interest to India on which the major ASEAN countries are eliminating their tariffs are – • Indonesia: marine products, fruits and vegetables, cereals (excluding rice), processed food, organic chemicals, pharmaceuticals, textiles, machinery etc. • Thailand: processed food, organic chemicals, pharmaceuticals, textiles and clothing, footwear, machinery, automotives etc •… Read more »

What is the provision for dispute settlement mechanism under the Agreement?

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The parties shall resolve dispute through consultations and negotiations ,failing which they may resort to an arbitral panel, which shall consist of three members. Each party to the dispute shall appoint a member and the third member who would be the Chair of the panel, shall be appointed by mutual agreement. The concept of review… Read more »

What are the provisions for review and implementation of the Agreement?

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The concept of review of the Agreement has been put in place to take stock of the operation of the Agreement and based on this suggest the future course of action. The Agreement is operationalised and implemented through a Joint Committee. The Joint Committee meets biennially to review the Agreement with a purpose of considering… Read more »

How can I learn more about filing a petition in international trade?

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Antidumping and countervailing duty trade remedies have been successfully pursued by a variety of domestic industries, including producers of steel, industrial equipment, computer chips, agricultural products, textiles, chemicals, and consumer products. Both the Import Administration and the International Trade Commission have staff available to assist domestic industries in deciding whether there is sufficient evidence to… Read more »

What are some common trade problems MAC can help in U.S. businesses overcome?

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MAC provides help with the following common trade problems through the Trade Compliance Center: Tariff and customs barriers Service barriers Standards, testing, labeling, or certification barriers Rules of origin Government procurement contract barriers Intellectual property protection problems Excessive government requirements Excessive testing or licensing fees Bribery Investment MAC’s services are free of charge to all… Read more »