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A. Differentiate between TRIPs and TRIMs. State the
items prohibited in TRIMs.
B. Briefly describe India's policy on import of
technology.
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Answer / prabhu
TRIM: Trade Related Investment Measures are rules that
apply to the domestic regulations a country applies to
foreign investors, often as part of an industrial policy.
A....TRIM is/are rules, which restrict preference of
domestic firms and thereby enable international firms to
operate more easily within foreign markets.
Example: Export Prohibited items from India: Gold, animals,
natural resources (some kind of trees) etc.
TRIP: Trade Related Aspects of Intellectual Property Rights
is an agreement that sets down minimum standards for many
forms of intellectual property regulation. Specifically,
contains requirements that nations law must meet for:
copyright rights, patents; trademarks and undisclosed of
confidential information.
B...
| Is This Answer Correct ? | 279 Yes | 40 No |
Answer / zeeshan ul haq
TRIP: Trade Related Aspect of Intellectual Property Rights
is an agreement which allow members to provide protection of
intellectual property and left free to determine the
appropriate method of implementing the provisions of the
agreement within their own legal system and practice.
TRIM: Trade Related Investment Measures an agreement
regarding Trade Related that making the approval of
investment conditional on compliance with laws, polices or
administrative regulations that favoured domestic products.
| Is This Answer Correct ? | 114 Yes | 35 No |
Answer / neha guha
Trims: the connection between wto and trim is based on the believe that their is strong connection between trade and investment. And restrictive measures on investment are trade trade distorting. So acc. To trim, countries should not adopt the investment measures which restrict and distort trade
trim: the objective of this act is the protection and enforcement of all intellectual property rights
the sections that this agreement covers are:
1. Patents including the protection of new varieties of plats
2. Trademarks including service marks
3. Copyrights and industrial design etc
| Is This Answer Correct ? | 2 Yes | 6 No |
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