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LDCs get eight more years of exemption from WTO - TRIPS rules

11 June, 2013
Today (11 June 2013) the WTO-Trade-Related Intellectual Property Rules (TRIPS) Council adopted a decision granting Least Developed Countries (LDCs) an eight-year extension of the transition period, (deferring the time within which LDCs to implement the TRIPS Agreement), without the pernicious mandatory “no roll-back” clause (contained in the previous extension decision) which developed countries pushed hard to include.