TRIPS

TRIPS stands for Trade-Related Aspects of Intellectual Property Rights, and it is an international agreement under the World Trade Organization (WTO) that deals with the protection and enforcement of intellectual property rights (IPRs) on a global scale. TRIPS was established to strike a balance between fostering innovation and creativity while ensuring access to knowledge and technology for the broader public. In this short essay, I'll provide an overview of TRIPS and its significance in 500 words.

The TRIPS Agreement was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) and came into effect on January 1, 1995. It __________ ______ _______ _________ __________ ______.
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