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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Asia Pacific World Agreement reached in Tokyo anti-counterfeiting talks Reuters - Saturday, October 2 Send IM Story Print TOKYO - Nearly 40 nations on Saturday reached basic agreement in international trade talks aimed at reducing copyright and trademark theft that causes losses of billions of dollars annually. One of the key features of the Anti-Counterfeiting Trade Agreement . Future topics include trying to expand the number of ACTA participants to include China, source of a large amount of the world's pirated goods, as well as the rest of Asia and other regions, such as the Middle East. But no specific reference was made to coverage of European place names, such as Parma or Roquefort, as the 27 nations of the European Union had called for. The EU wanted the agreement to cover "geographical indicators," which are names for food and alcoholic products drawn from a particular location, such Champagne or Cognac, both in France. But U.S. business groups had worried that the EU demand would mean American products as commonplace as Kraft parmesan cheese could potentially be treated as illegal items under the pact and subject to seizure by customs officials. The United States recognizes geographical indicators that have been trademarked, but not the full gamut of food and beverage names the EU wants to protect. U.S. movie, music, software and other copyright-based industries calculate they lose more than $16 billion in sales each year from pirated versions of their products sold around the world. The talks involved the United States, the European Union and its 27 member states, Australia, Canada, Japan, New Zealand, Singapore, South Korea and Switzerland, and two developing countries -- Morocco and Mexico. Recommend Send IM Story Print Related Articles US novelist Franzen hit by UK recall AFP - 2 hours 40 minutes ago US-ENTERTAINMENT Summary Reuters - Saturday, October 2 Agreement reached in Tokyo anti-counterfeiting talks Reuters - Saturday, October 2 Eminem seen as top contender in Grammy race Reuters - Saturday, October 2 Carla Bruni's music plans spark political concerns Reuters - Saturday, October 2 News Search Top Stories Schwarzenegger, California lawmakers in budget deal IMF urges cooperation to prevent 'currency war' Envoy urges Bosnians to vote issues, not ethnicity US auto sales up 28.5 percent from depressed September 2009 China launches second lunar probe More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Brake problem forces BMW, Rolls-Royce recall Dinosaurs taller than thought: study China launches second lunar probe US auto sales up 28.5 percent from depressed September 2009 Ireland reveals full horror of banking crisis More Most Viewed » US state executes first woman in nearly 100 years 'Time bomb' superbug requires global response: doctor Workers swarm Europe's streets in anti-cuts protests More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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