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Intellectual Property Issues Could Be Last Hurdle to TPP Accord

Intellectual Property Issues Could Be Last Hurdle to TPP Accord

   Guam, May 23 (Jiji Press)--The ongoing round of Trans-Pacific Partnership free trade negotiations in Guam on Saturday focused on intellectual property issues, which now appear likely to be the last hurdle to concluding the talks.
   Chief negotiators from Japan, the United States and 10 other countries engaged in the negotiations are working to narrow down issues that should be left to high-level political decisions, with the view to reaching a broad agreement at the next ministerial meeting, expected to be held next month or later.
   Still, given that there are many sticky issues in the field, it remains difficult to break the stalemate, a Japanese government source said.
   The countries are particularly divided over how long clinical data on new drugs should be protected.
   Japan currently bans the development of generic drugs for eight years, in principle, after an original drug is approved for marketing.

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AFP-JIJI PRESS NEWS JOURNAL


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