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The TRIPS Waivers Act requires the President to submit a report to Congress at least 60 days before negotiating any international agreement that would reduce or restrict the value, scope, or enforceability of U.S. intellectual property rights, including patents, copyrights, trademarks, trade secrets, and plant variety protections. The report must analyze the quantitative and qualitative impacts of potential negotiation outcomes on these intellectual property systems. The bill applies to negotiations involving withdrawal, suspension, waiver, or modification of existing agreements or entry into new agreements.
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