The Trade Related Intellectual Property Rights (TRIPs) Agreement and Agriculture in South Asia

Dilani Hirimuthugodage

South Asia Economic Journal, 2011, vol. 12, issue 2, 287-305

Abstract: One of the main objectives of the World Trade Organization (WTO) is to facilitate world’s trade and production. It enforces legally binding multilateral agreements on trade in goods, services and trade-related aspects of intellectual property rights. The Trade Related Intellectual Property Rights (TRIPs) Agreement was implemented to regulate standards of Intellectual Property (IP) regulations in WTO member countries. Being a member of the WTO and a signatory to the TRIPs Agreement, it was compulsory for Sri Lanka and five other South Asian countries (Bangladesh, Nepal, the Maldives, India and Pakistan) to formulate its IP regulations to comply with the TRIPs Agreement. According to the agreement, by 2006 India, Pakistan and Sri Lanka, and by 2013 Bangladesh and Nepal have to provide legal protection to plant varieties and farmers’ traditional knowledge via patents or by an effective sui generis system or by both. All of the above six countries have during the past 15 years implemented or drafted several acts to comply with the TRIPs Agreement. Sri Lanka has passed the Intellectual Property Rights Act No. 36 of 2003 to comply with the TRIPs Agreement. However, this Act does not provide protection for plant varieties and farmers’ traditional knowledge as it does not allow patenting of plants. Due to several reasons such as lack of demand from civil society, a poor legal system, lack of properly established institutional system, etc,. Sri Lanka was unable to build an effective intellectual property rights regime complying with the agreement, especially for the agricultural sector. Further, due to a delay in establishing rules and regulations to comply with the agreement, the Sri Lankan agricultural sector faces several difficulties in international trade and it has also lost a number of opportunities to use its own plant varieties for the benefit of future generations. The article suggests several techniques and methods that could be followed in implementing intellectual property rights in agriculture in order to promote investments and accelerate trade especially in Sri Lanka. And also it suggests the importance of having a regional centre to manage intellectual property rights effectively among South Asian countries.

Keywords: JEL: O34; JEL: K11; JEL: Q57; JEL: N55; Intellectual property rights; agriculture; plant varieties; bio-piracy; Sri Lanka (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soueco:v:12:y:2011:i:2:p:287-305

DOI: 10.1177/139156141101200205

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