Countries want anti-counterfeit trade deal in SeptemberBy Doug Palmer
WASHINGTON | Fri Aug 20, 2010 8:55pm EDT
WASHINGTON (Reuters) -
Negotiators from the United States, the European Union and nine other countries said on Friday they planned to finish work in September on a proposed pact to crack down on trade in counterfeit and pirated goods.
The countries also pledged to publicly release the final text of the Anti-Counterfeiting Trade Agreement, which has raised concerns among Internet and digital rights advocates, "before deciding to sign it."
U.S. movie, music, software and other copyright-based industries calculate that they lose more than $16 billion in sales each year from pirated versions of their products sold around the world. Many of these counterfeit and pirated goods are made in China.
In a joint statement, the participating countries addressed a number of worries that have surfaced about the pact, saying it would not require members of the agreement to take steps that violate "fundamental rights and liberties."
Some digital rights advocates feared that provisions aimed at reducing online piracy of music and films could empower Internet providers to deny service to repeat offenders.The trade agreement "will not hinder the cross-border transit of legitimate generic medicines," the joint statement also said.
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