IMPACT TO TRIPS AGREEMENT ON INDIAN AGRICULTUREImpact Analysis • March 2nd, 2017
The TRIPs agreement would require substantial changes in the patents regime of our country. The TRIPs agreement aims at a certain minimum standard of IPR protection. Successful implementation of the TRIPs agreement has a number of pre- requisites. The important ones being legal, administrative and institutional reforms, appropriate research investments, and first rate science and technology capability. Provided the IPR protection is adequate and effective (worldwide), the TRIPs accord can promote innovations, transfer of technology, foreign direct investment, use of genetic resources and environmental protection.
