GATT, WTO,TRIPS & TRIMS

1. WTO & IPR
PRESENTATION BY : M ANUPAM
COURSE FACULTY :
P BINDU MADHAVI , ASSISTANT PROFESSOR

2. • Formed in 1947 and transferred to World
Trade Organization (WTO) in 1995.
• whose overall Purpose was to promote
international trade by reducing or eliminating
trade barriers such as tariffs or quotas
and subsidies while maintaining meaningful
regulations.

3. GATT’S MAIN OBJECTIVES
• Expansion of international trade.
• Increase of World Production by ensuring full employment in the practicing
nations.
• Development and full utilisation of world resources.
• Raising standards of living world community as a whole.

4. WTO
The World Trade Organization
is an organization that intends
to supervise and liberalize
international trade.
The WTO came into begin on
January 1st 1995. It was a
outcome of lengthy Uruguay
round of GATT
negotiations(1986-1994).
There are total 153 member
countries was counted in the
year 2011.

5. FUNCTIONS OF WTO
Administering WTO
trade agreements.
Forum for trade
negotiations.
Handling trade
disputes.
Monitoring
national trade
policies
Cooperation with
other international
organizations.

6. OBJECTIVES OF WTO
WTO reiterates the objectives
of GATT , Some of them are as
follows.
Promote trade flows by
encouraging nations to adopt
non-discriminatory and
predictable trade policies.
Raising standard of living and
income.
Introduce sustainable
development.

7. TRADE RELATED ASPECTS OF INTELLECTUAL
PROPERTY RIGHTS(TRIPS)
Negotiated in the 1986-1994 Uruguay
round of GATT.
It is a agreement designed by developed
countries to enforce a global minimum
standard of Intellectual property rights.
Since it is a part of WTO , developing
countries that want to access to the global
market through the WTO must accept the
TRIPS agreement and integrate its own
IPR standards.

8. TRADE RELATED INVESTMENT MEASURES(TRIMS)
TRIMS are that apply to the domestic regulations a
country applies to foreign investors, as a part of
industrial policy.
The agreement was agreed by all the members of
WTO. The agreement was concluded in 1994 and
come into force in 1995.
In short, TRIMS are rules which restrict preference
of domestic firms and thereby enable international
firms to operate more easily within foreign markets.

9. THANK YOU