Q. Consider the following statements in context with the proposed Anti-Counterfeit Trade Agreement (ACTA) :
1.Anti-Counterfeit Trade Agreement (ACTA) is called TRIPS-Plus agreement
2. Its a part of WTO Trade negotiations
3. India is a negotiator among the other countries
4. It is related to counterfeit goods, generic medicines and copyright infringement on the Internet
Which among the above statements is/ are correct?
Answer: Only 1 & 4
Notes: Anti-Counterfeit Trade Agreement (ACTA) has been called TRIPS-Plus agreement and is being proposed to out of WTO agreements. China and India have been out of the negotiations. It was proposed by Japan and US and as of now, the developed countries are trying to bring it into action. The scope of ACTA is counterfeit goods, generic medicines and copyright infringement on the Internet.