Strategic Alliances and Partnerships
The TRIPS Agreement, or the Agreement on Trade-Related Aspects of Intellectual Property Rights, is a comprehensive international treaty that establishes minimum standards for the protection of intellectual property rights among World Trade Organization (WTO) member countries. It aims to harmonize intellectual property laws across nations, ensuring that creators can benefit from their innovations while fostering fair competition and promoting trade. This agreement addresses various forms of intellectual property, including copyrights, trademarks, patents, and industrial designs, playing a crucial role in the global economy.
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