The agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)

• Requiring members to establish a relatively detailed set of substantive norms within their legal systems.
• Establish enforcement measures and procedures meeting minimum standards.
• Covers subject matters areas such as copy right, trademark, patent and son on.
• Also covers competitive markets, enforcement measures, dispute settlement and transitional arrangements.

Agreement related to agriculture on World Trade Organization (WTO)

a) Market access:

• Free trade among other countries
• No bound tariffs.
• Protect the internal production of the area of tariffs.

b) Export subsidy:

• Cash support in export
• Incentives and lowered tax.

c) Domestic support:

• Incentives given on various aspects of agricultural production.

d) Agreement related to quarantine:

• Import and export products if proven bad for health of human beings can be quarantined or banned.