TRIPs AGREEMENT AND HUMAN RIGHTS: PROTECTING PUBLIC INTERESTS IN DEVELOPING AND LEAST DEVELOPED COUNTRIES AT THE CROSS-ROADSTrips Agreement • July 22nd, 2012
Contract Type FiledJuly 22nd, 2012IPRs qualify as human rights since they have moral standing and developmental value to assist the enjoyment of other rights. However, being included in the TRIPs Agreement they take hold of protectionist trade implications and monopolistic ownership traits. Having based in developed countries and recognised as human rights, IPRs clash with the principle of free trade and comparative advantage. As a result, developing and least developed countries lose the comparatively advantageous reverse engineering of knowledge products and lag behind in fulfilling developmental needs in agriculture, health, biodiversity, economic development and so on and consequently causes concerns on a broad range of human rights including right to health and life, right to food, right to education, privacy and expression, indigenous people’s rights and so on.