Question

TRIPS (Trade Related Aspects of Intellectual Property Rights) agreement is administered by

• A. UNCTD
• B. UNO
• C. WTO
• D. World Bank

Hint:

TRIPS is one of the founding agreements signed at the Uruguay Round that created this global trade body.

Answer 1

The Correct Option is C

This question checks which international body oversees the TRIPS agreement.

1. UNCTD (UNCTAD): A UN body focused on trade and development policy, it does not administer TRIPS.
2. UNO: The umbrella international organisation, but it does not directly run specific trade agreements like TRIPS.
3. WTO: TRIPS is one of the WTO's foundational agreements from the 1995 Uruguay Round, and the WTO administers its implementation and dispute settlement among member countries.
4. World Bank: A development finance institution with no role in intellectual property agreements.

Since TRIPS was created as part of the WTO's founding agreements, the correct answer is WTO.