Author(s):Naeem Ullah Khan,
Muhammad Nadeem
Abstract :
The TRIPS Agreement (Agreement on Trade related aspects of Intellectual
Property Rights) is one the most significant of the multilateral trade agreements
under the WTO regime. The TRIPS Agreement covers intellectual property
areas such as copy right and related rights, trademarks including service
marks, geographical indications, industrial designs, patents including the
protection of new varieties of plants, the layout-designs of integrated circuits,
and undisclosed information. This research paper examines that a strong
intellectual property rights protection system in line with the objectives of the
TRIPS Agreement is likely to have immense impact on the economy of Pakistan
because strong legal framework and judicial system ensures the attraction of
foreign trade and investment. A case-law study reveals that the Pakistani
courts are now-a-days very much vigilant in reorganization of the intellectual
property regime under the multilateral trading system. Moreover, the
prevention of abuse of intellectual property rights as envisaged in the TRIPS
Agreement is a highly encouraging factor for attracting foreign investment in
Pakistan.