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GSP TRADE STATUS: LINKAGE TO INTELLECTUAL PROPERTY PROTECTION

This article was originally published in The Tan Sheet

Executive Summary

GSP TRADE STATUS: LINKAGE TO INTELLECTUAL PROPERTY PROTECTION levels in developing nations will be the subject of a June 20 hearing of Sen. Max Baucus' (D-Mont.) International Trade Subcommittee, A bill (S 2041) introduced April 21 by Sen. Frank Lautenberg (D-N.J.) and another (S 2173) by Sen. William Ruth (R- Del.) on June 9 both contain passages linking duty-free privileges allowed under the Generalized System of Preferences (GSP) to developing nations' implementation of the Agreement on Trade- Related Aspects of Intellectual Property Rights. TRIPS was negotiated as part of the Uruguay Round of the General Agreement on Tariffs and Trade.
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