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TRAIP
(redirected from Trade-Related Aspects of Intellectual Property)

   Also found in: Wikipedia 0.02 sec.
AcronymDefinition
TRAIPTrade-Related Aspects of Intellectual Property (also seen as TRIPS)


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The proposed amendments to the legislation follows the WTO's recent Declaration on Trade-Related Aspects of Intellectual Property Rights Agreement and Public Health whereby member countries of the WTO may allow patented products to be manufactured under license to someone other than the patent holder for a limited period of time.
TRIPS (the agreement on Trade-Related Aspects of Intellectual Property Rights) is the part of the WTO (World Trade Organization) treaty dealing with intellectual property.
Next week, at the next round of negotiations for the Doha Declaration on Trade-Related Aspects of Intellectual Property Rights (TRIPs), the United States is apparently going to cause the unnecessary death and suffering of thousands of Third World victims in the future.
 
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