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Paraguay Removed from IPR Watch List After Signing MOU on Improving Enforcement

Tuesday, June 23, 2015
Sandler, Travis & Rosenberg Trade Report

Following a June 18 meeting of the U.S.-Paraguay Political and Economic Dialogue, the two sides released a joint statement highlighting the following developments.

IPR. A memorandum of understanding on intellectual property rights was signed to improve Paraguay’s protection of copyrights and trademarks and strengthen its enforcement environment. As a result of this MOU and the commitments it includes, as well as steps Paraguay has taken over the past 18 months to strengthen IPR protection and enforcement, the U.S. has agreed to remove Paraguay from the Watch List in the Office of the U.S. Trade Representative’s 2015 Special 301 Report. USTR placed Paraguay on the Watch List after the previous bilateral MOU on IPR issues expired in April 2012.

Trade and Investment. A meeting of the Joint Council on Trade and Investment is slated to be held later this year to re-engage on bilateral trade and investment issues.

Child Labor. A $6 million Department of Labor program to fight child labor in Paraguay was agreed as part of a shared commitment to protect children.

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