TRIPS Agreement of the WTO: Implications and Challenges for Bangladesh

Author:   Mohammad Towhidul Islam
Publisher:   Cambridge Scholars Publishing
Edition:   Unabridged edition
ISBN:  

9781443848343


Pages:   370
Publication Date:   23 July 2013
Format:   Hardback
Availability:   In Print   Availability explained
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TRIPS Agreement of the WTO: Implications and Challenges for Bangladesh


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Overview

This book examines the application of the World Trade Organization's (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) in the fields of agriculture, public health and economic development in a Least Developed Country (LDC) such as Bangladesh. In particular, it evaluates the question whether the TRIPS' one-size-fits-all approach compulsorily applicable for all countries, irrespective of their development standing, fulfils the developmental needs of Bangladesh and other such LDCs in the fields of agriculture, public health and economic development. The book shows that the TRIPS' introduction of IPRs in the name of Plant Varieties Protection (PVP) and patents not only secures private sector investment in agriculture but also brings traditional agricultural practices within the spectrum of private monopoly, increases the price of agricultural products and forces people into dependency on engineered seeds and other agricultural inputs. To guard against such trade rules, this book recommends that Bangladesh should incorporate the TRIPS flexibilities in the form of redefining patentable invention, choosing between patents and PVP and providing for compulsory licensing. This book also reveals that the TRIPS patenting in pharmaceuticals encourages innovations by ensuring royalty collections and protects public health by raising standards of living. However, patenting offers exclusivity to pharmaceutical companies, extending the duration of the patent term and establishing their control over production, supply and distribution. Such control results in exclusivity over drug pricing. The flexibilities of the compliance deadline, compulsory licensing, and parallel importation built into the TRIPS are set to tackle untenable situations arising from patenting exclusivity. However, patent laws in most LDCs are out-dated in terms of dealing with such flexibilities. Given this, the research recommends that Bangladesh should invoke the TRIPS flexibilities. The author of this book further establishes that the TRIPS' standard-setting in agriculture and pharmaceuticals does not help the country to fulfil subsistence needs or promote economic development through innovation. However, the appropriation of agricultural and pharmaceutical goods during the use of the TRIPS flexibilities has the potential to feed the people, protect public health interests and increase economic development with the supply of food and drugs at home and abroad. To this end, the research asks Bangladesh to reform its existing IPRs provisions by redefining patentable inventions and simplifying compulsory licensing and other differential treatments to appropriate foreign technologies.

Full Product Details

Author:   Mohammad Towhidul Islam
Publisher:   Cambridge Scholars Publishing
Imprint:   Cambridge Scholars Publishing
Edition:   Unabridged edition
Dimensions:   Width: 14.80cm , Height: 3.30cm , Length: 21.20cm
Weight:   0.640kg
ISBN:  

9781443848343


ISBN 10:   1443848344
Pages:   370
Publication Date:   23 July 2013
Audience:   Professional and scholarly ,  Professional and scholarly ,  Professional & Vocational ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Dr Mohammad Towhidul Islam is an Associate Professor of Law at the University of Dhaka, Bangladesh, and received his PhD in Intellectual Property Law from Macquarie University, Australia. He holds an LLM in International Human Rights Law from the University of East London, United Kingdom and an LLB (Honours) and an LLM from the University of Dhaka. He currently teaches Land Law, Intellectual Property Law, Company Law, International Trade Law, Business Law, the Legal System, and Legal Research and writes extensively in international intellectual property law, international trade law, and international human rights law. His research articles appear in various reputed refereed journals.

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