Trade Related Aspects of Intellectual Property Rights (TRIPS)

QN 1
The Trade Related Aspects of Intellectual Property Rights (TRIPS) was established through the World Trade Organisation (WTO). The WTO’s Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an attempt to narrow the gaps in the way intellectual property rights are protected around the world, and to bring them under common international rules . For developing countries, one of the most important outcomes of the Uruguay Round is the substantial strengthening of the rules based multilateral trading system and its extension to new areas of activity . To facilitate the implementation of the TRIPS Agreement, the Council for TRIPS concluded with WIPO an agreement on cooperation between WIPO and the WTO which provides cooperation in three main areas, namely notification of, access to and translation of national laws and regulations, implementation of procedures for the protection of national emblems, and technical cooperation .

A) Over the course of the past...