Usmca Agreement Intellectual Property

For the first time in nearly three decades, the United States is entering into a new comprehensive trade agreement with the two countries with which it shares a common border, Mexico and Canada. U.S. President Donald Trump signed the U.S.-Mexico-Canada Agreement (USMCA) on January 29, 2020. Mexico has already ratified it and Canada is expected to be in the coming weeks or months. This replacement of the North American Free Trade Agreement (NAFTA) has implications for many legal areas, including labour practices, environmental protection, digital trade and litigation/executions. It is worth noting, however, the many changes it makes to intellectual property rights (IPRs). (iii) intellectual property issues of particular importance to small and medium-sized enterprises; Science, technology and innovation and the production, transfer and dissemination of technology, International Agreements The USMCA obliges the parties to ratify or accede to the following trade agreements on intellectual property protection: the Madrid Protocol2, the Budapest Treaty3, UPOV 19914, the Hague Convention5 and the Brussels Convention6. It is therefore resolved that the ALEC welcomes the intellectual property provisions contained in the US-Mexico agreement; and furthermore, under the trade agreement, acts related to the decryption of encrypted signals via satellite or cable are considered criminal offences. Acts include deliberately receiving and redistributing illegally encrypted signals. (a) be able to provide the competent authorities with sufficient evidence that, according to the right of the party concerned, there is, on its face, a violation of the rights holder`s right; To facilitate the increase in cross-border trade, the United States has reached an agreement with Mexico and Canada to increase the value of de minimis shipping. For the first time in decades, Canada will increase its de minimis level from $20 to $40 for taxes. Canada will also offer duty-free shipments of up to 150 $US.

Mexico will continue to provide $50 of tax-exempt de minimis and will also provide duty-free shipments up to the equivalent of $117. Shipping rates to this level would be achieved with minimum formal entry procedures, which would allow more businesses, particularly small and medium-sized enterprises, to be part of cross-border trade. (vi) the implementation of multilateral IP agreements as they are concluded or managed under WIPO`s aegis; (iv) measures to reduce infringements of intellectual property rights and effective strategies to eliminate the underlying incentives for infringements; nothing in this agreement prevents a party from determining whether the depletion of intellectual property rights applies within its legal system or under what conditions.6 The new chapter of digital commerce contains the strongest digital trade disciplines of an international agreement that provides a solid basis for expanding trade and investment in innovative products and services for which the United States has a competitive advantage.