Uzbekistan is a member of the International Monetary Fund, World Bank, Asian Development Bank, and European Bank for Reconstruction and Development. It has observer status at the World Trade Organization, is a member of the World Intellectual Property Organization, and is a signatory to the "Convention on Settlement of Investment Disputes Between States and Nationals of Other States", the "Paris Convention for the Protection of Industrial Property", the "Madrid Agreement on Trademarks Protection", and the "Patent Cooperation Treaty". In 2002, Uzbekistan was again placed on the special "301" Watch List for lack of intellectual copyright protection.