ACTA Final Draft Released

Representatives from 37 countries have released the final draft of the Anti-Counterfeiting Trade Agreement (ACTA), after wrapping up the last stages of the discussions.

The European Commission, on Wednesday, confirmed that almost 40 nations have reached an agreement to develop international rules and criteria for copyright and piracy policies as they release a nearly finalised text of the agreement to media and members of Parliament, reports Computer World.

According to the sources, the agreement is a common ground for countries to work together and fight piracy and protect intellectual property, while protecting the national laws of all participating countries.

"This text reflects tremendous progress in the fight against counterfeiting and piracy -- a global crime wave that robs workers in the United States and around the world of good-paying jobs and exposes consumers to dangerous products," said Ron Kirk, trade representative of the United States.