Agreement On Trade-Related Aspects Of Intellectual Property Rights (Trips Agreement) (1994)

After the Uruguay Round, THE GATT became the basis for the creation of the World Trade Organization. Since ratification of TRIPS is a precondition for membership of the World Trade Organization, any country seeking difficult access to the World Trade Organization`s many international markets must adopt the strict intellectual property laws imposed by TRIPS. This is why TRIPS is the main multilateral instrument for the globalization of intellectual property laws. Countries such as Russia and China[5], which were very unlikely to see the Berne Convention, saw the prospect of WTO membership as a great temptation. Review of the terms of application of members Members must inform the TRIPS Council of their relevant laws and regulations. This will help the Council to review the functioning of the agreement. In addition to the basic intellectual property standards set out in the TRIPS agreement, many nations have committed to bilateral agreements to adopt a higher level of protection. This collection of standards, known as TRIPS or TRIPS-Plus, can take many forms. [20] Among the general objectives of these agreements are the lack of legal and technical expertise needed to develop legislation to implement flexibility, which has often led developing countries to directly copy intellectual property legislation from industrialized countries[17][18] or to need technical assistance from the World Intellectual Property Organization (WIPO) which , according to critics like Cory Doctorow, needs technical assistance. encourages them to introduce stronger monopolies in the field of intellectual property.

TRIPS require Member States to firmly protect intellectual property rights. Example trips: it has therefore been argued that the TRIPS standard, which requires all countries to have strict IP systems in place, will harm the development of poor countries. [13] [14] It has been argued that it is in the strategic interest of most, if not all, countries to use the flexibility available in TRIPS to pass the weakest IP laws. [15] Unlike other IP agreements, TRIPS have an effective enforcement mechanism.