The TRIPS Agreement, which came into effect in 1995, establishes international standards for many forms of intellectual property regulation including copyright, trademarks, geographical indications, industrial designs, patents, integrated circuits, and trade secrets. It requires countries in the World Trade Organization to enforce intellectual property rights and settle disputes between members. The agreement sets minimum standards for protection including copyright terms of life of the author plus 50 years, 20 year patent terms, and 10 years of protection for integrated circuit layout designs.