Intellectual property: agreement on trade-related aspects of rights TRIPS, done at Geneva on 6 December 2005, amending protocol by the WTO
2006/0060(AVC)
The Council adopted common guidelines on the draft decision aiming to accept, on behalf of the EU, the Protocol amending the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).
This amendment would make permanent a waiver decision on compulsory licences originally adopted in 2003 and will allow any WTO Member to export pharmaceutical products made under a compulsory licence for the purpose of supplying developing countries with insufficient manufacturing capacities. It will ensure a legally secure, predictable, effective and sustainable solution for those countries which want to use the system to get affordable medicines they need.