About one year after the US withdrew from the Trans-Pacific Partnership, the Comprehensive Progressive Agreement Trans-Pacific Partnership (CPTPP) is to be signed in March by the remaining countries (with ratification expected in 2019). The remaining eleven countries include: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
The CPTPP has been reported to contain many of the original TPP terms, such as those that abolish tariffs on certain goods traded between member countries. However, 22 provisions will not be incorporated, including provisions relating to intellectual property rights. The IP-related provisions left out of the CPTPP include: data and/or market protection obligations for biologics, data and/or market protection obligations for biologics, digital intellectual rights protection, extensions to copyright and patent terms, and harmonization of copyright and patent rights.
