During his tenure as Chairman and CEO of Pfizer Inc., Mr. Pratt helped to lead the US private sector's campaign to have intellectual property included in the Uruguay Round (1986-93) of the GATT negotiations; and to have it integrated into US trade law and other international agreements such as NAFTA. In an excerpt from a recent speech given to the US Council for International Business, Mr. Pratt offers a private sector perspective on what was achieved through close government-industry co-operation.