Sunday, 29 March 2015

THE TRIPS AGREEMENT - C SAMUEL

The TRIPS Agreement, which was in fact assiduously promoted by the developed countries in response to pressures exerted by their corporate lobbies, is designed essentially to prevent the developing countries from gaining unauthorized access to the technology of the developed countries for fear that access to such technology could erode the competitiveness of the developed countries. e.g a few years ago the government of Trinidad and Tobago failed to patent the steel pan and this has caused the country to loose the rights to manufacturing the steel pan. We need to put systems in place to avoid this from reoccuring.

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