International Contracts Relating To Intellectual Property (IP)
Developments in international trade through e-commerce have seen an increased emphasis on IP protection. The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which replaces earlier international IP agreements, outlines rules to control anti-competitive practices in international licences relating to IP. TRIPS enables compliance disputes to be brought to attention of the WTO. Further it applies basic WTO principles to IP rights, such as the national treatment principle and the MFN principle.
Read more about this topic: International Commercial Law
Famous quotes containing the words contracts, relating, intellectual and/or property:
“If love closes, the self contracts and hardens: the mind having nothing else to occupy its attention and give it that change and renewal it requires, busies itself more and more with self-feeling, which takes on narrow and disgusting forms, like avarice, arrogance and fatuity.”
—Charles Horton Cooley (1864–1929)
“Family lore can be a bore, but only when you are hearing it, never when you are relating it to the ones who will be carrying it on for you. A family without a storyteller or two has no way to make sense out of their past and no way to get a sense of themselves.”
—Frank Pittman (20th century)
“What is mind but motion in the intellectual sphere?”
—Oscar Wilde (1854–1900)
“It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.”
—Andrew Jackson (1767–1845)