Effects on Cambodia, Laos, and Myanmar of Extending the TRIPS General Transition Period for Least Developed Countries
Members of the World Trade Organization (WTO) approved a 13-year extension of the Least Developed Countries (LDC) transition period for applying the Agreement on Trade-Related Aspects of Intellectual Property Rights on June 29, 2021. (TRIPS). The extension was made possible by a last-minute agreement reached at the TRIPS Council meeting, only two days before the initial expiration date of July 1, 2021. The new deadline for LDCs to comply with TRIPS intellectual property rights is July 1, 2034, as [...]