Chile Threatens to Pull out of TPP because of US IP demands

Contreras posits that, although “it makes sense” for Chile to participate in the negotiation by the TPP because it was one of the countries who formed the original “P4″ (with Brunei, New Zealand and Singapore) on which TPP is based, Chile is now reassessing whether it should remain in the negotiation.

The P4 had a scant four pages on intellectual property that primarily affirmed TRIPS, with additional listings of geographic indicators and obligations to enter WIPO performances treaties. When the US entered the agreement and pushed it to expand into what is now the TPP, it came with hundreds of incredibly specific intellectual property demands, many of them exceeding any standard in any bilateral or multilateral agreement between any parties.