Some areas are not covered by these agreements. In some cases, the prescribed standards of protection were found to be insufficient. The TRIPS agreement therefore significantly complements existing international standards. The agreement provides for the general obligation that the parties make available to interested parties the legal means to prevent the use of funds in the designation or presentation of a form of property that indicates or indicates that the species of product in question originates from a geographic area other than the actual place of origin in a way that misleads the public as to the geographical origin of the goods. The Agreement on Trade-Related Intellectual Property Rights (TRIPS) is an agreement of international law between all World Trade Organization (WTO) member states. It sets minimum standards for the regulation of different forms of intellectual property by national governments, as is the case for nationals of other WTO member states. [3] The TRIPS agreement was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) between 1989 and 1990[4] and is managed by the WTO. The TRIPS agreement is the only international agreement that details respect for intellectual property rights, including rules on evidence, interim measures, compensation measures and other sanctions. It states that courts must, under certain conditions, have the right to order the disposal or destruction of property that violates intellectual property rights. Intentional infringement or commercial-scale copyright piracy must be punishable. Governments must also ensure that IP rights holders are provided with assistance from customs authorities to prevent the importation of counterfeit and illegally manufactured goods. Since the TRIPS agreement came into force, it has been criticized by developing countries, scientists and non-governmental organizations.

While some of this criticism is generally opposed to the WTO, many proponents of trade liberalization also view TRIPS policy as a bad policy. The effects of the concentration of WEALTH of TRIPS (money from people in developing countries for copyright and patent holders in industrialized countries) and the imposition of artificial shortages on citizens of countries that would otherwise have had weaker intellectual property laws are common bases for such criticisms. Other critics have focused on the inability of trips trips to accelerate the flow of investment and technology to low-income countries, a benefit that WTO members achieved prior to the creation of the agreement. The World Bank`s statements indicate that TRIPS have clearly not accelerated investment in low-income countries, whereas they may have done so for middle-income countries. [33] As part of TRIPS, long periods of patent validity were examined to determine the excessive slowdown in generic drug entry and competition. In particular, the illegality of preclinical testing or the presentation of samples to be authorized until a patent expires have been accused of encouraging the growth of certain multinationals and not producers in developing countries. With the Advent hybrid and genetically modified plants, it is possible to create different qualities of plants of the same genus or species. There has been endless research into the development of more productive plant varieties, enriched with nutrients, more resistant to the whims of nature and less expensive. Such an evolution, like any other patentable invention, takes a lot of effort and time.

Written by shivamsood

I am a social activist and social worker based out of New Delhi. I fight for the basic civic rights of citizens such as water, electricity, hygiene, education, public health & safety. My mission is and always has been to get all citizens their basic civic & human rights. My fight is not against one individual or government but is against any institution, person or entity that denies citizens their rights.