Question

Trade Related Aspects of Intellectual Property Rights Agreement came into force in which of the following years?

• A. 1996
• B. 2006
• C. 1999
• D. 2000

Hint:

TRIPS, effective from 1995, sets global IP standards under the WTO, crucial for trade-related IP rights.

Answer 1

The Correct Option is D

The Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement came into force in the year 2000. It was negotiated as part of the World Trade Organization (WTO) agreements during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994. TRIPS became legally binding for all WTO members, setting global standards for the protection and enforcement of intellectual property rights.