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New Zealand and the United Kingdom agree to a trade agreement that will include a provision to extend the copyright term in New Zealand by 20 years. The World Trade Organization’s standard for a copyright term is the author’s lifetime plus 50 years however, this agreement will add 20 more years to the period. Gus Hazel, a partner at James & Wells in Auckland and Brisbane thinks that an extension of copyright term will further increase the appeal and commercial value of rare artistic/literary works.

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