A day after 11 Pacific Rim nations and the US agreed to the wording of the secret Trans-Pacific Partnership trade deal, New Zealand revealed Tuesday that the section on intellectual property lines up with how copyright terms are treated in the US.

The deal, which now needs approval from the pact's member nations, makes copyrights last for the life of the creator plus 70 years after death, according to the New Zealand government (PDF). That's basically the same as in the US.

The New Zealand government wrote:

TPP requires New Zealand to move to 70 years as well, but allows for a transition to do this over time. This change could benefit New Zealand artists in some cases, but the benefits are likely to be modest. Extending the copyright period also means New Zealand consumers and businesses will forego savings they otherwise would have made from books, music and films coming off copyright earlier. The net cost of extending New Zealand’s copyright term from 50 to 70 years will be small to begin with and increases gradually over 20 years, reaching a relatively constant level after that. Over the very long term, including the initial 20-year period, the average annual cost is estimated to be around $55 million.

New Zealand also said the accord would not require Internet service providers "to terminate accounts for Internet copyright infringements." In the US, many of the top ISPs have a six-strikes consumer infringement program.

The nations included in the accord, which took more than five years to negotiate, include the US, Japan, Australia, Peru, Malaysia, Vietnam, New Zealand, Chile, Singapore, Canada, Mexico, and Brunei. They represent about 40 percent of the global economy.

The text of the deal still remains secret and is expected to become public by year's end.