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WTO agreement on protectionism. They cannot be used in relation to imports subject to tariff
quotas or in the relation to emergency imports.
The government of a TPP country cannot make investment from another TPP country condi-
tional on the structure of the investor's board of directors or on the nationality of its members.
The TPP makes it binding on its signatories to disclose statistics on investments, although these
must be confidential and protected.
INTELLECTUAL PROPERTY RIGHTS include patents, trademarks, geographical indication
rights, copyright, and trade secrets. The TPP prescribes national treatment for all categories of
intellectual property.
The TPP has been signed by 12 of the 21 member states of APEC APEC is working on the
proposed Free Trade Area of the Asia-Pacific (FTAAP), which is due to materialize by 2020 [4],
and the TPP is considered one of the means of achieving this goal.
The TPP is also purported to promote technological development. It is a distinguishing mark
of the TPP that it institutionalizes economic cooperation.