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Parallel importing and the TPP. A brief recap The TPP in four easy steps (and one really tough one): What? Who? Where? When? Why?

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Presentation on theme: "Parallel importing and the TPP. A brief recap The TPP in four easy steps (and one really tough one): What? Who? Where? When? Why?"— Presentation transcript:

1 Parallel importing and the TPP

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3 A brief recap The TPP in four easy steps (and one really tough one): What? Who? Where? When? Why?

4 Dong, Dollars, Peso, Ringgit: Combined GDP = US$21 trillion. Value to NZ = US$2.9 billion per year. We don’t want to get left behind: 4 of our top 10 trading partners are negotiating the TPP. Potential TPP benefits

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6 Concerns about the IP chapter People opposed to the TPP fear: Longer copyrights. Less copyright exceptions. More software patents. Laws protecting TPMs. A ban on parallel imports.

7 Ban on parallel imports Article 4, IP chapter lets licensees: Stop the importation of books, sound recordings, computer programs and so on into their territory. A footnote extends that right to “a broader range of goods”.

8 About parallel imports What is parallel importing? It’s the importation of lawfully- manufactured goods from overseas. It dodges local distributors who charge more for the same product. It takes advantage of better retail prices in other countries.

9 Different countries, different prices Why do prices vary between countries? Different exchange rates. Multinationals set different prices in different regions. Peaks and troughs of different economies.

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11 Parallel imported films

12 Greater variety

13 Better prices, quicker distribution Samsung Galaxy Note II Blackberry Z10

14 Common parallel import problems: No support from official distributors. Repairs can take longer. Foreign manuals; incompatible plugs. Wiring not up to standard. Concerns about perishable goods. Problems with parallel imports

15 Parallel imports offer consumers: Better prices. Greater variety. Quicker distribution. Parallel imports in a nutshell

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17 The Warehouse: $1.732 billion in st batch of parallel imports in Trade Me: 20,000 small businesses of them sell parallel imports. Impact on businesses

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19 “The issues that lie behind [intellectual property rights] are taking on a significant political dimension in many of our societies.” - Leaked New Zealand response Making an impact


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