Since the signing of the GATT, several “round tables” have been held on trade liberalization. The most important were the Kennedy Towers, which eventually reduced tariffs by a third, and more recently the Uruguay Rounds. The Uruguay Round focused on general trade barriers and relatively new issues relating to intellectual property rights, fishing practices and the environment. A word or a combination of words, letters and numbers can perfectly represent a brand. But trademarks can also consist of designs, symbols, three-dimensional features such as the shape and packaging of goods, invisible signs such as sounds, perfumes or shades of colors, which are used as distinctive signs – the possibilities are almost limitless. The Nice Classification is an international classification system for goods and services for the registration of marks. The Standing Committee on the Law of Trademarks, Industrial Designs and Geographical Indications (SCT) is the forum in which WIPO Member States discuss political and legal issues related to international developments in trademark law and standards. An important trend of the last 25 years has been the creation and growth of free trade areas among nations that have agreed on the creation of regional trading blocs. Agreements that create free trade areas all have the same objectives: to liberalise trade, stimulate economic growth and give Member States equal access to markets. U.S. tariffs are at an all-time low. Before the Second World War, they were up to 40% for some imports. Today, customs revenues are less than 5% of the volume of imports and many imports are exempt from customs duties and quotas.
Non-tariff barriers have also been eliminated to a large extent, but not completely. From an excursion to the mall an hour in front of the TV, we meet brands on every corner. You are an indispensable tool in today`s business world. From time to time, you`ll hear about so-called “fast track” trade laws, where Congress would give the president the power to negotiate trade deals. This law has not been adopted and remains controversial. Despite calls for protectionism from those who have lost to free trade, the world has clearly liberalized trade policy, reduced trade barriers, and formed regional trading blocs. As a result, international trade is freer than ever. We can all thank economists for that. These are undoubtedly the most consistent, strongest and clearest voices in favour of free trade. The Madrid International Trademark Registration System provides for a uniform procedure for the registration of a mark in several areas. In short, you get an app in a paid language in a currency.
Trade agreements govern international trade between two or more nations. An agreement may cover all imports and exports, certain categories of products or a single category. The United States is currently active in some 320 trade agreements with different nations. (These are indicated in www.tcc.mac.doc.gov)) However, several general trade agreements have left a significant impact on trade policy. The WIPO Lex database is a comprehensive search tool that allows you to browse international treaties and national intellectual property laws….