Common use of Intellectual Property Principles Clause in Contracts

Intellectual Property Principles. 1. The Parties recognise the importance of intellectual property in promoting economic and social development, particularly in the new digital economy, technological innovation and trade. 2. The Parties recognise the need to achieve a balance between the rights of right holders and the legitimate interests of users and the community with regard to protected subject matter. 3. The Parties are committed to the maintenance of intellectual property rights regimes and systems that seek to: (a) facilitate international trade, economic and social development through the dissemination of ideas, technology and creative works; (b) provide certainty for right-holders and users of intellectual property over the protection and enforcement of intellectual property rights; and (c) facilitate the enforcement of intellectual property rights with the view, inter alia, to eliminate trade in goods infringing intellectual property rights. 1 For the purpose of this Chapter “intellectual property” also includes the protection of plant varieties.

Intellectual Property Principles. 1. The Parties recognise the importance of intellectual property in promoting economic and social development, particularly in the new digital economy, technological innovation and trade. 2. The Parties recognise the need to achieve a balance between the rights of right holders and the legitimate interests of users and the community with regard to protected subject matter. 3. The Parties are committed to the maintenance of intellectual property rights regimes and systems that seek to: : (a) facilitate international trade, economic and social development through the dissemination of ideas, technology and creative works; ; (b) provide certainty for right-holders and users of intellectual property over the protection and enforcement of intellectual property rights; and and (c) facilitate the enforcement of intellectual property rights with the view, inter alia, to eliminate trade in goods infringing intellectual property rights. . 1 For the purpose of this Chapter “"intellectual property” " also includes the protection of plant varieties.