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

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Despite this recognition, less developed countries have argued that flexible TRIPS provisions, such as compulsory licensing, are almost impossible to enforce. Less developed countries, in particular, cited their young domestic manufacturing and technology industries as evidence of the imprecision of the policy. Climate change and the WTO Agreement on Intellectual Property (TRIPS) After the Uruguay Round, GATT became the basis for the creation of the World Trade Organization. Since the ratification of TRIPS is a sine qua non for accession to the World Trade Organization, any country wishing to have unstrenched access to the many international markets of the World Trade Organization must adopt the strict intellectual property laws imposed by TRIPS.