Trips Is A Wto Agreement Governing The International Trade Of Services

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. The TRIPS Agreement plays a crucial role in facilitating the exchange of knowledge and creativity, in resolving trade disputes over intellectual property and in ensuring the flexibility of WTO members to achieve their national objectives. .