USTR - Fact Sheet,407/10en-usACTA: Meeting U.S. ObjectivesThe Anti-Counterfeiting Trade Agreement (“ACTA” or the “Agreement”) signed today meets the key U.S. objectives for the ACTA negotiations. In particular, a core U.S. objective was to create an agreement that fosters increased leadership in the international fight against counterfeiting and piracy. Today’s Agreement establishes that leadership. It brings together a significant group of trading partners, all of whom share an interest in effective enforcement of intellectual property rights (IPRs), in support of a strengthened international standard for IPR enforcement. Anti-Counterfeiting Trade Agreement: Fighting Piracy and Counterfeiting, Supporting American JobsACTA will create a first-of-its-kind alliance of trading partners representing more than half of world trade to cooperate in the fight against piracy and counterfeiting.ACTA provides a platform for the Obama Administration to work cooperatively with other governments to continue delivering on its commitment to protect aggressively the intellectual property that is essential to America’s prosperity. Fact Sheet and Guide to Public Draft TextFollowing the 11th and final round of the Anti-Counterfeiting Trade Agreement (ACTA) negotiations, held in Tokyo from September 23-October 2, trading partners representing more than fifty percent of world trade developed and released draft text for what will be the highest-standard plurilateral agreement ever achieved concerning the enforcement of intellectual property rights.Process Fact Sheet (March 2010)ACTA participants are committed to improving transparency in the negotiating process, while still preserving negotiators' ability to candidly discuss the various proposals under consideration.This fact sheet provides additional background on the ACTA negotiations and addresses some of the common concerns raised by stakeholders in a number of countries. For more background on the ACTA initiative and specific elements under discussion in the ACTA negotiations, please refer to the Summary of Elements Under Discussion. - Summary of Key Elements Under DiscussionBackgroundThe proliferation of counterfeit and pirated goods in international trade poses an ever-increasing threat to the sustainable development of the world economy. Trade in these goods causes significant financial losses for the right holders and legitimate businesses. It also hinders sustainable economic development in both developed and developing countries and, in some cases, represents a risk to consumers. Holds Public Meeting on ACTA Sheet: Anti-Counterfeiting Trade Agreement (ACTA) Sheet: Anti-Counterfeiting Trade Agreement