The North American Fair Trade Agreement is a treaty signed between Mexico, Canada, and America. In section 1711 of NAFTA the countries reached an agreement about trade secrets. The agreement goes like this:
- All member countries must provide legal means to prevent trade secrets from being disclosed, acquired, or used by someone other than the trade secret owner in a manner contrary to honest commercial practice, without the consent of the owner.
- All member countries agree that a trade secret is:
- information that is secret;
- has actual or potential economic value;
- and the owner of the information has taken reasonable measures to assure the information's secrecy.
- All member countries can't limit the time a trade secret is protected for.
- All member countries can't make it unnecessarily difficult to license trade secrets, either by fees or procedures.
- All member countries agree that if their drug approval system requires disclosure of potential trade secrets that those trade secrets will be protected from disclosure by the member country.
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