Agreement On Trade-Related Aspects Of Intellectual Property Rights (Trips Agreement)

Article 10 of the agreement states that “1. Computer programs, whether in the source code or in the object code, must be protected as literary works under the Berne Convention (1971). (2) The compilation of data or any other material, whether machine-readable or in any other form, constituting spiritual creations because of the choice or disposition of their content, must be protected as such. Such protection, which does not cover the data or material itself, does not affect the copyrights that exist in the data or materials themselves. TRIPS apply to Member States the fundamental principles of international trade with respect to intellectual property, including national treatment and treatment of the most favoured nation. TRIPS sets minimum standards for the availability, scope and use of seven forms of intellectual property: copyright, trademarks, geographic indications, industrial designs, patents, layout design of integrated circuits and undisclosed information (business secrets). It provides for permissible restrictions and exceptions to reconcile intellectual property interests with interests in other areas, such as public health and economic development. (The full text of the TRIPS Agreement, as well as an explanation of its provisions, are available on the WTO website at www.wto.org.) A detailed overview of the ADPIC agreement THE TRIPS agreement … is the most comprehensive multilateral agreement on intellectual property to date…

Unlike other IP agreements, TRIPS have an effective enforcement mechanism. States can be disciplined by the WTO dispute settlement mechanism. Council Decision 94/800/EC on the conclusion of agreements reached during the Uruguay Round multilateral negotiations (1986-1994) on the conclusion of the agreements reached in the negotiations Uruguay Round (1986-1994) The least developed countries received an additional 10 years at the WTO Ministerial Conference in Doha in 2001. to implement the provisions relating to the TRIPS patent and the provisions relating to “undisclosed information” relating to drugs. In July 2002, the WTO General Council agreed to waive the obligations of least developed countries for exclusive drug marketing rights by 1 January 2016. Information on intellectual property in the WTO, news and official records of the activities of the TRIPS Council and how OTOs cooperate with other international organizations in this area: Trade-related ip aspects, commonly known as TRIPS, are a multilateral agreement within the framework of the World Trade Organization (WTO) that came into force in 1994. This was the first such agreement that treated intellectual property rights, particularly copyright and patents, as a global trade issue, with the theory that one country`s inability to protect another`s intellectual property creates an obstacle to trade between these countries.

Comments are closed.