by Cecily Anne O’Regan & Patrick T. O’Regan –
Given the geographic and natural resource advantages that countries in the Americas have which will likely shape the business and trade climate in the 21st century, accelerating the development process for developing countries in the region takes on new significance for all involved. This work assesses ways in which Central American countries can use compliance with GATT-TRIPs and TRIPs-plus bilateral agreements to promote their economic development. The first section describes current approaches to IP protection in Costa Rica and El Salvador. The final section goes on to propose regional strategies and legal changes, which are GATT-TRIPs compliant that could potentially make the region more attractive for foreign direct investment.