Trips Trade Agreement

In addition to the basic intellectual property standards set out in the TRIPS agreement, many nations have committed to bilateral agreements to adopt a higher level of protection. This collection of standards, known as TRIPS or TRIPS-Plus, can take many forms. [20] Among the general objectives of these agreements are: the TRIPS agreement establishes minimum standards for the protection of copyright and neighbouring rights, trademarks, geographical indications, industrial designs, patents, integrated circuit-ups and undisclosed information. The TRIPS agreement also establishes minimum standards for the application of intellectual property rights (intellectual property rights) through civil actions for violations, border measures and, at least with respect to piracy and counterfeiting, criminal offences. The TRIPS agreement was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) from 1986 to 1994. Its reception was the culmination of an intensive lobbying program by the United States, supported by the European Union, Japan and other developed nations. Campaigns of unilateral economic support under the system of generalized preferences and the constraint under Section 301 of the Trade Act have played an important role in combating competing political positions favoured by developing countries such as Brazil, but also Thailand, India and the Caribbean basin countries. The U.S. strategy to link trade policy to intellectual property standards can be attributed to the entrepreneurial spirit of Pfizer executives in the early 1980s, who mobilized companies in the United States and made maximizing intellectual property privileges the top priority of U.S. trade policy (Braithwaite and Drahos, 2000, Chapter 7). Article 40 of the TRIPS ON Agreement recognizes that certain practices or licensing conditions related to intellectual property rights that limit competition can have negative effects on trade and impede the transfer and dissemination of technology (paragraph 1).