Agreement on Trade – Related Aspects of Intellectual Property Rights (TRIPS Agreement)

Agreement on Trade – Related Aspects of Intellectual Property Rights (TRIPS Agreement)
July 19 08:40 2016

Agreement on Trade – Related Aspects of Intellectual Property Rights (TRIPS Agreement) is an international agreement negotiated within Uruguay Round which of The General Agreement on Tariffs and Trade (GATT) in 1994. This Agreement is to reduce distortions and impediments to international trade, and taking into account the need to promote effective and adequate protection of Intellectual property rights, and to ensure that measures to procedures to enforce intellectual property rights and do not themselves become barriers to legitimate trade. TRIPS Agreement is Annex 1C of Agreement Establishing The World Trade Organization (WTO) including 3 parts and 71 articles which is compulsory for all of members passed on April 15, 1994 at Marrakesh and came into force on January 1, 1995.

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