Intellectual property rights (IPRs) have become a topic
on the international trade agenda since the negotiation
and adoption of the Agreement on Trade-Related
Aspects of Intellectual Property Rights (TRIPS) as part
of the overall package of agreements leading to the
creation of the World Trade Organization (WTO).
TRIPS places obligations on all WTO members to offer
specified minimum standards of intellectual property
(IP) protection in a wide range of sectors. But the
agreement also leaves developing countries a certain
amount of flexibility in how they fulfill their obligations.
This flexibility allows countries to tailor their IPR
regimes to their own specific circumstances.
Briefing paperDownload file