Discuss the role of WTO in promotion of Indigenous creativity and Inno

Question

Discuss the role of WTO in promotion of Indigenous creativity and Innovation.

11 Jan 2021

Answer :

Word Count : 683

The World Trade Organization (WTO) plays a significant role in the promotion of indigenous creativity and innovation through its international framework for patent protection. Patents are a crucial aspect of intellectual property rights, and the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is a key instrument that addresses patent protection on a global scale. In this context, it is essential to examine how the WTO contributes to fostering indigenous creativity and innovation.

1. Ensuring Patent Protection: The TRIPS Agreement, which came into effect in 1995, obliges WTO member states to provide adequate and effective protection of intellectual property rights, including patents. By setting minimum standards for patent protection, the WTO ____ ___ ____ ____ ___ __________ ___ ______ __________ _______ ____.
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