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2023.01.25 by 由布茶寮

Agreement on Trade Related Aspects of Intellectual Property Rights Was Established in

The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) was established in 1994 as a part of the World Trade Organization (WTO) agreement. TRIPS is the most comprehensive multilateral agreement on intellectual property rights to have been negotiated and implemented on a global scale.

The primary goal of TRIPS is to encourage innovation and promote economic growth by providing a stable and predictable intellectual property rights regime. It aims to create a level playing field for all stakeholders involved in the global trading system by establishing minimum standards for the protection and enforcement of intellectual property rights.

TRIPS covers various forms of intellectual property rights, including patents, trademarks, copyrights, trade secrets, and industrial designs. It sets out standards for the protection and enforcement of these rights in both domestic and international markets.

One of the key provisions of TRIPS is the requirement for WTO member countries to provide a minimum level of protection for intellectual property rights. This includes ensuring that patents are granted for inventions that are new, inventive, and capable of industrial application. It also requires member countries to provide a minimum term of protection for copyright and related rights, as well as for trademarks and geographical indications.

Additionally, TRIPS establishes rules for the enforcement of intellectual property rights, including civil and criminal procedures and penalties for infringement. It also provides measures for resolving disputes between WTO member countries regarding intellectual property issues.

Since its establishment, TRIPS has been the subject of significant debate and criticism. Some argue that the minimum standards established by TRIPS are overly restrictive and favor developed countries, while others argue that they are necessary to protect the rights of creators and innovators.

Overall, the establishment of TRIPS has had a significant impact on the global trading system, and its implementation has helped to promote innovation and economic growth while providing a stable and predictable intellectual property rights regime. As the world continues to evolve and new technologies emerge, it remains to be seen how TRIPS and the broader intellectual property rights system will continue to adapt and evolve.

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