Trips Trade Related Intellectual Property Rights Agreement

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. That is why TRIPS is the main multilateral instrument for the globalization of intellectual property rights. Countries such as Russia and China[5], which would accede very little to the Berne Convention, perceived the prospect of WTO membership as a great temptation. Other intellectual property agreements covered by the TRIPS Agreement: the Paris Agreement, the Berne Agreement, the Rome Agreement and the Integrated Circuits Treaty. The U.S. strategy to link trade policy to intellectual property standards can in turn be attributed to the entrepreneurial spirit of Pfizer`s management in the early 1980s, which mobilized companies in the United States and made the maximization of intellectual property privileges the top priority of U.S. trade policy (Braithwaite and Drahos, 2000, Chapter 7). . .

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By Tim