–The National Foreign Trade Council (NFTC) today applauded House passage of the Defend Trade Secrets Act of 2016
, legislation that will help protect the trade secrets of American companies.
“For companies of all sizes, trade secrets are a critical part of their intellectual property, and this bill will help protect them. This legislation also will strengthen the U.S. government’s hand when negotiating with other nations to ensure adequate trade secrets protection for U.S. companies in those countries, including in trade negotiations,” said Jake Colvin, NFTC Vice President for Global Trade Initiatives and Executive Director of its Global Innovation Forum.
“We commend members of the House on both sides of the aisle for working together to pass this important legislation, and we look forward to the President signing it into law,” said Colvin.
About the NFTC
Serving America’s Global Businesses Since 1914 – The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules- based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.Follow us on: