Q. ‘TRIPS’, which is sometimes seen in the news, is associated with which organisation?
Answer:
WTO
Notes: The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement between all the member countries of the World Trade Organization (WTO)
India as well as South Africa have proposed the WTO to consider the TRIPS waiver on COVID-19 vaccines. If India succeeds in getting the waiver, it will reduce the cost of vaccines significantly and facilitate free flow of medicines and easy technology transfer across the world.