TRIPS — Trade-Related Aspects of Intellectual Property Rights . The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is the most comprehensive multilateral agreement on intellectual property (IP).
Read moreWhat is the purpose of TRIPS?
The TRIPS Agreement is a minimum standards agreement, which allows Members to provide more extensive protection of intellectual property if they so wish . Members are left free to determine the appropriate method of implementing the provisions of the Agreement within their own legal system and practice.
Read moreWhat are TRIPS and trims?
It is an agreement on Trade-Related Investment Measures which specifies the rules that are applicable to the domestic regulations a country applies to foreign investors . The agreement is applicable to all members of the World Trade Organization (WTO). The agreement was formalized in 1994 and came into effect in 1995.
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