Trans Pacific Partnership impacting Vietnamese Pharma industry?

An article titled “How might the TPP impact Vietnamese pharma?” dtd Oct 29, 2015 (http://www.vir.com.vn/how-might-the-tpp-impact-vietnamese-pharma.html) explores how TPP might make the situations difficult for Vietnamese Pharma industry. The article mentions how the stricter Intellectual Property Rights protection clauses may delay the entrance of generic drugs in the Vietnamese market. The result would be higher cost of essential drugs in a country where insurance plans do not have a high reach and drug prices are a sensitive issue. Also, stricter rules regarding data exclusivity, patent linkage and lower patentability criteria would mean less access of data and formulae to generic drugs manufacturers leading to delay in development of generic drugs. What impact will this have on Vietnamese population? Will this be a rise for the insurance companies in Vietnam? Will this impact the Vietnam’s cost of living and consequently take away the benefits of Vietnam’s low costs?

 

Potential Dangers to Mexico from the TPP

With Mexico being a member of the TPP and a Spanish version of the TPP now being available to the public, significant research has been done into what the implications will be. The article “The Dangers of the TPP to Mexican Legislation Regarding Intellectual Property” reviews some of these negative effects. The article starts off by noting that the TPP agreement will “promote negative changes on copyrights, access to culture or intermediary liability”. This forces local legislation to comply with TPP dispositions, which are projected to have a big impact on rights. Per the article, it will have especially detrimental implications with respect to the “matter of intellectual property” by “promoting a scheme based on restrictions and sanctions out of proportion”. Some of the topics that are specifically address in the TPP are frames to protect copyrights, technological protection measures, the Mexican Federal Penal Code, stronger sanctions against infractions to Copyright, and a ban on the use, production, modification, or selling of satellite signals. According to the article, it is “possible to detect that the TPP represents an imminent risk to public life” as it not only effects the ability to access culture on the internet, but “its administrative and penal sanctions may provoke an inhibitor effect that damages freedom of speech”. While the actual implications won’t be known until more time has passed, it is noteworthy to monitor these accusations and their potential harmful effects on Mexico.

What’s the big deal?

An article in The Economist (March 28th 2015) titled “What’s the big deal?” (http://www.economist.com/news/asia/21647330-why-whiff-panic-has-entered-americas-pacific-trade-negotiations-whats-big-deal) describes the main characteristics of the interesting TPP agreement and its major constraints. The TPP is to be a “21st-century” agreement, involving relevant reforms in areas such as intellectual property, the treatment of state-owned companies and environmental and labor standards. Another interesting fact is that the deal involves economies at very different stages of development, from Peru and Chile to America and Australia. The struggle to close the deal has been affected by the strategic competition between America and China for regional influence. Will this competition prevent the TPP from becoming more attractive to the 12 members and their diverse economies?