Common Contracts
1 similar Trips Agreement contracts
TRIPS Agreement and Plant Genetic Resources: Implications and Challenges for Food Security in Least Developed Countries like BangladeshTrips Agreement • July 24th, 2017
The World Trade Organization (WTO) Agreement on Trade-Related Aspects o f Intellectual Property Rights (TRIPS) i establishes intellectual property rights (IPRs)2 in plant genetic resources (PGRs), especially in plant varieties and biotechnology, by way of patents, plant varieties protection (PVP) and the likes. This holds a one-size-fits-all approach for all countries irrespective of their standing in terms of making economic development and meeting basic needs including food security. In fact, developed countries have gradually increasing technology that helps them genetically modifying PGRs. Such use of technology often brings in better yields and ensures food security. Moreover, rents made out of the trade of PGRs- based products also encourage further research and development (RSsD) for improving PGRs. This means with IPRs in PGRs, there will be more appropriable yields ensuring more security for food. However, least developed countries (LDCs) like Bangladesh lag behind R&D and oft
