Impact of trips agreement on developing country India
Aishwarya, Aditya Karan
In the present world, intellectual property has gained international importance because of international treaties like TRIPS Agreement that has been signed by both developed and developing countries. The national barriers with respect to IPR have crossed and reached to the international level at the same time intellectual property has also become controversial and debatable issue at the international level. The socio economic scenarios of developed and developing countries are quite different. So there are many provisions in the TRIPS agreement which suit to the socio economic scenario of developed countries, however it does not suit to the developing countries. The implementation of TRIPS agreement is dominated by the developed countries; they impose those provisions of TRIPS agreement in a very strict manner which suit to the economic benefits of developed countries thus the developing countries tend to suffer at the hands of developed countries. This paper thus attempts to understand how TRIPS provisions are affecting the growth and development of developing nation like India.