Trips Agreement Drishti Ias

The second part of the ON TRIPS agreement deals with different types of intellectual property rights and their protection. The aim is to ensure that minimum standards of protection are organised in all WTO members. The starting point is the commitment of the most important international agreements of the World Intellectual Property Organization (WIPO), which existed before the creation of the WTO: a 2003 agreement relaxed the requirements of the internal market and allowed developing countries to export to other countries where there is a public health problem until exported drugs are part of a trade or industrial policy. [10] Drugs exported under such regulations may be packaged or coloured differently to prevent them from affecting the markets of industrialized countries. The 2002 Doha Declaration confirmed that the TRIPS agreement should not prevent members from taking the necessary steps to protect public health. Despite this recognition, less developed countries have argued that flexible TRIPS provisions, such as mandatory licensing, are almost impossible to obtain. The least developed countries, in particular, have made their young domestic manufacturing and technological industries proof of the infallible policy. The Biological Diversity Agreement (CDB) is a legally binding multilateral environmental agreement with 194 parties (countries) as members with three objectives – the Agreement on Trade-Related Intellectual Property Rights (TRIPS) is an international legal agreement between all World Trade Organization (WTO) member states. It sets minimum standards for the regulation of different forms of intellectual property by national governments, as is the case for nationals of other WTO member states. [3] The TRIPS agreement was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) between 1989 and 1990[4] and is managed by the WTO. With the TRIPS agreement, intellectual property rights have been integrated into the multilateral trading system for the first time and remains the most comprehensive multilateral IP agreement to date. In 2001, developing countries, fearing that developed countries had insisted on too narrow a reading of the TRIPS trip, launched a series of discussions that culminated in the Doha Declaration.

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