Everything you need to know about "ACTA"

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The Anti-Counterfeiting Trade Agreement (ACTA), is a multinational treaty for the purpose of establishing international standards for intellectual property rights enforcement. The agreement aims to establish an international legal framework for targeting counterfeit goods, generic medicines and copyright infringement on the Internet, and would create a new governing body outside existing forums, such as the World Trade Organization, the World Intellectual Property Organization, or the United Nations.
The agreement was signed in October 2011 by AustraliaCanadaJapanMoroccoNew ZealandSingaporeSouth Korea, and the United States. In 2012, Mexico, the European Union and 22 countries which are member states of the European Union signed as well. No signatory has ratified (formally approved) the agreement, which would come into force after ratification by six countries. After entry into force, the treaty would only apply in those countries that ratified it.
Supporters have described the agreement as a response to "the increase in global trade of counterfeit goods and pirated copyright protected works". Trades Unions representing workers in the music, film and TV industries  and large intellectual property-based organizations such as the Motion Picture Association of America and Pharmaceutical Research and Manufacturers of America were active in the treaty's development.
Opponents say the convention adversely affects fundamental rights including freedom of expression and privacy. ACTA has also been criticised by Doctors Without Borders for endangering access to medicines in developing countries. The secret nature of negotiations has excluded civil society groupsdeveloping countries and the general public from the agreement's negotiation process and it has been described as policy laundering by critics including the Electronic Frontier Foundation and the Entertainment Consumers Association.
The signature of the EU and many of its member states resulted in the resignation in protest of the European Parliament's appointed chief investigator, rapporteur Kader Arif, as well as widespread protests across Europe. In 2012 the newly-appointed rapporteur, British MEP David Martin, recommended against the treaty, stating: "The intended benefits of this international agreement are far outweighed by the potential threats to civil liberties". On 4 July 2012, the European Parliament rejected the agreement in plenary session, with 478 voting against the treaty, 39 in favour and 165 MEPs abstaining.

 
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