Bill Clinton: “Yes. The NAFTA agreement offers protections for intellectual property rights and for investment, which I think are quite…”

“Yes. The NAFTA agreement offers protections for intellectual property rights and for investment, which I think are quite important. You know, the intellectual property rights may sound esoteric to some of you, may sound like somebody wants to write a book and not have it copied, and that's part of it. But it's also part of the software business and part of anything that comes out of people's creative skills. It's a big part of America's economic advantage in the world is that we develop all these ideas. And I've just been working to try to open other markets for a lot of our products that were closed during the cold war because we were worried about letting other people get our technology or our ideas. And we've just taken the wraps off $37 billion a year worth of computers, supercomputers, and telecommunications equipment. And we're looking at some others, some software and things like that. And one of the problems is protecting the intellectual property rights of our people around the world. But I think you will find that the provisions there on intellectual property substantially improve what happens now there.”