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Case study on trips agreement

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TRIPS Agreement

Case study on trips agreement
Case study on trips agreement
Case study on trips agreement
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TRIPS Agreement | IAS Abhiyan

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Case Study On Trips Agreement

The TRIPS Agreement, which came into effect on 1 January , is to date the most comprehensive multilateral agreement on intellectual property. In addition the Agreement provides for certain basic principles, such as national and most-favoured-nation treatment, and some general rules to ensure that procedural difficulties in acquiring or maintaining IPRs do not nullify the substantive benefits that should flow from the Agreement. The obligations under the Agreement will apply equally to all Member countries, but developing countries will have a longer period to phase them in. Special transition arrangements operate in the situation where a developing country does not presently provide product patent protection in the area of pharmaceuticals.
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The discussion that follows examines the legal framework and ultimate goals of TRIMS, how it achieves its goals and the extent to which it falls short with particular emphasis on the impact and consequences for developing nations. Article III 2 prohibits the annexing of taxes or fees in respect of imports that exceed similar taxations in respect of domestic products. Article III 4 provides as follows:.
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