Search Results for: TRIPS

trips

TRIPs.abbr. Patents. The Agreement on Trade-Related Aspects of Intellectual Property Rights, a treaty that harmonized and strengthened the intellectual-property laws of its signatories by linking the obligation to protect the intellectual-property rights of other members’ citizens with a mechanism for settling international trade disputes. • TRIPs was negotiated at the 1994 Uruguay Round of the […]

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uruguay round

Uruguay Round. The 1994 negotiations of the General Agreement on Tariffs and Trade. • The negotiations resulted in the TRIPs Agreement that established the World Trade Organization and made member nations’ patent laws more uniform. See TRIPS.

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north american free trade agreement

North American Free Trade Agreement. A 1994 agreement between the United States, Canada, and Mexico, designed to phase out all tariffs and eliminate many nontariff barriers (such as quotas) inhibiting the free trade of goods between the participating nations. • Among other provisions, it set minimum standards for intellectual-property protection afforded other members’ citizens. Negotiated

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rental right

rental right. Copyright. The power of a copyright owner to control the use of copies of the work beyond the first sale, when that use involves offering the copy to the public for temporary use for a fee (as at a store renting DVDs and videotapes) or some other commercial advantage (as at a hotel

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wall

wall. An erection of stone, brick, or other material raised to varying heights, esp. inside or surrounding a building, for privacy, security, or enclosure. ancient wall. A party wall that has stood for at least 20 years, thus giving each party an easement right to refuse to allow the other party to remove or substantially

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national treatment

national treatment. Intellectual property. The policy or practice of a country that accords the citizens of other countries the same intellectual-property protection as it gives its own citizens, with no formal treaty of reciprocity required. • The principle of national treatment underlay the first international intellectual-property treaties in the 19th century, the Paris and Berne

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berne plus

Berne-plus, adj. Copyright. Of or relating to a copyright-treaty provision that affords greater intellectual-property protection than the minimum required by the Berne Convention, either by granting stronger rights or by extending protection to new forms of subject matter. • The term arose during negotiations over the TRIPs Agreement, reflecting the principle that the treaty should

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dispute resolution procedure

dispute-resolution procedure. Intellectual property. A mechanism for resolving international grievances over intellectual-property protection, conducted by the World Trade Organization under the TRIPs Agreement. • The procedure begins with a complaint by one nation against another, followed by consultations between the nations, a WTO panel report on the issue, and (potentially) trade sanctions against one of

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