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Brazil Reveals Retaliation Details on US Copyright, Patents

March 29, 2010
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According to Reuters, Brazil has revealed a preliminary list of U.S. patents and intellectual property rights it could restrict unless both countries settle a long-standing dispute over U.S. cotton aid. It is the second set of measures Brazil has unveiled in the last week to pressure Washington to obey a ruling by the World Trade Organization that found the U.S. cotton subsidies and export credit guarantee program illegal. Diplomats, trade experts and business leaders are closely watching the case, one of a few in which the WTO has allowed cross-retaliation, in which the wronged party can retaliate against a sector not involved in the dispute. Brazil would become the first country ever to apply cross retaliation under WTO rules. The new measures, which are still subject to public hearings, would suspend for a limited time U.S. patents on pharmaceuticals, chemicals and biotechnology.
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