In October 2007, the United States, the European Community, Switzerland, and Japan simultaneously announced that they would negotiate a new intellectual property enforcement treaty the Anti-Counterfeiting Trade Agreement or ACTA. Australia, the Republic of Korea, New Zealand, Mexico, Jordan, Morocco, Singapore, the United Arab Emirates, and Canada have joined the negotiations.
Trade Agreement (ACTA) is explained in good detail . ACTA is trying to stop counterfeiting worldwide. Ambassador Sapirio signs the trade agreement in Tokyo
An article by Forbes with their opinion on another possible act that is on the books for discussion in the same vein of SOPA and PIPA. It also provides some links to help you better understand ACTA.