The World Trade Organization’s TRIPS Council will ask Member states to consider a request from Least Developed Countries for an extension of the deadline for their compliance with the TRIPS Agreement. IP Watch reports that Bangladesh presented the TRIPS Council with the request, which recognizes that “Least Developed Country Members continue to face serious economic, financial and administrative constraints in their efforts to bring their domestic legal system into conformity with the provisions of the TRIPS Agreement.”
Currently, LDCs are required to implement the Agreement by 2013 (though there is an extra 3 years for measures related to pharmaceuticals).
Sources:
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