Trade Related Intellectual Property Rights (TRIPS)
Trade-Related Intellectual Property Rights (TRIPS) and India's Foreign Trade
Trade-Related Intellectual Property Rights (TRIPS) is an international agreement established by the World Trade Organization (WTO) in 1994 to set minimum standards for intellectual property protection across member countries. For India, TRIPS compliance is crucial in shaping its foreign trade dynamics.
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Textile and clothing sector occupies a pivotal role in the economy of the developing countries. Elucidate with reference to the Indian economy.
Describe Indo-ASEAN trade and economic relations.
Agricultural products from the country have immense export potential.
Trade facilitates the flow of capital and speed up the acquisition of new technology.
Trade Related Intellectual Property Rights (TRIPS)
Outline the changing pattern of India’s foreign trade with reference to composition of foreign trade.
Services are important for Indian economy.