TRIPS: The Post-Doha Divide - Issues for LDCs
Mondaq Business Briefing › India Law Articles in English (2005)
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Mondaq Business Briefing › India Law Articles in English (2005)
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TRIPS: The Post-Doha Divide - Issues for LDCs
By Asaf Shamsi, B. Pharm., MBA
Director,International OperationsTRIPs, the intellectual property component of the Uruguayround GATT Treaty, gave rise to an acrimonious debate between the developedcountries and less developed countries (LDCs). On one side, business interestsin the developed world claimed large losses from the imitation and use of theirinnovations in LDCs. They also asserted that establishing strong intellectualproperty rights would actually benefit the developing countries by encouragingforeign investment, the transfer of technology and greater domestic researchand development (R&D). On the other side, LDC governments adamantly opposedthis view, worrying about the higher prices that stronger intellectual propertyrights would entail and about the harm that their introduction might cause toinfant high tech industries.No country was more actively involved in opposing thiscomponent of the GATT...See the full content of this document
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