Agreement On Trade-Related Aspects of Intellectual Property Rights

Agreement On Trade-Related Aspects Of Intellectual Property Rights

The Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property (IP) regulation as applied to nationals of other WTO Members. It was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994.

The TRIPS agreement introduced intellectual property law into the international trading system for the first time and remains the most comprehensive international agreement on intellectual property to date. In 2001, developing countries, concerned that developed countries were insisting on an overly narrow reading of TRIPS, initiated a round of talks that resulted in the Doha Declaration. The Doha declaration is a WTO statement that clarifies the scope of TRIPS, stating for example that TRIPS can and should be interpreted in light of the goal "to promote access to medicines for all."

Specifically, TRIPS contains requirements that nations' laws must meet for copyright rights, including the rights of performers, producers of sound recordings and broadcasting organizations; geographical indications, including appellations of origin; industrial designs; integrated circuit layout-designs; patents; monopolies for the developers of new plant varieties; trademarks; trade dress; and undisclosed or confidential information. TRIPS also specifies enforcement procedures, remedies, and dispute resolution procedures. Protection and enforcement of all intellectual property rights shall meet the objectives to contribute to the promotion of technological innovation and to the transfer and dissemination of technology, to the mutual advantage of producers and users of technological knowledge and in a manner conducive to social and economic welfare, and to a balance of rights and obligations.

Read more about Agreement On Trade-Related Aspects Of Intellectual Property RightsBackground and History, The Requirements of TRIPS, Implementation in Developing Countries, Post-TRIPS Expansion, Panel Reports, Criticism

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Geographical Indication - International Issues - Agreement On Trade-Related Aspects of Intellectual Property Rights
... The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights ("TRIPS") defines "geographical indications" as indications that identify a good as originating in the territory of a Member ... In 1994, when negotiations on the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights ("TRIPS") were concluded, governments of all WTO member countries (155 countries, as of 10 May 2012) had agreed ... governments relating to GIs in the TRIPS agreement Article 22 of the TRIPS Agreement says that all governments must provide legal opportunities in their own laws for the owner of a GI registered in that country ...
Agreement On Trade-Related Aspects Of Intellectual Property Rights - Criticism
... that would otherwise have had weaker intellectual property laws, are a common basis for such criticisms ... commercial morality that states would design domestic intellectual property law to suit their own economic circumstances ... States made sure that existing international intellectual property agreements gave them plenty of latitude to do so." Daniele Archibugi and Andrea Filippetti argue that the importance of TRIPS in the ...

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