What is the role of the World Trade Organization in protecting intellectual property rights?

The World Trade Organization (WTO) has established global rules that protect intellectual property rights (IPRs) in international trade. In California, the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an integral part of the legal framework for protecting IPRs in international trade. Under TRIPS, WTO members are obligated to accord strong protection to IPRs in both domestic and international laws. The agreement covers patents, trade secrets, trademarks, copyright, and geographical indications. All WTO members are legally obligated to enforce these rules and can face necessary sanctions if they fail to do so. The WTO provides a platform for members to resolve disputes among themselves and helps them to ensure that their countries do not violate the IPR related rules. It also monitors their national laws, regulations, and regulatory practices to ensure they are in line with the agreement. This serves as an additional layer of protection for IPRs. The importance of the WTO in protecting IPRs cannot be overstated. Its rules ensure that companies can secure and protect their inventions, designs, and brands while trading in international markets. In California and other states, the WTO helps to ensure that intellectual property created by businesses and individuals is fairly protected and compensated.

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What is the role of the World Trade Organization in protecting intellectual property rights?

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