China ratifies protocol amending WTO's TRIPS agreement
( 30/11/2007 )
China notified the World Trade Organization (WTO) on Wednesday that it had ratified the Protocol Amending the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).
Chinese Ambassador Sun Zhenyu sent a notification letter to WTO Director-General Pascal Lamy together with the instrument of ratification signed by President Hu Jintao and Foreign Minister Yang Jiechi, said the Chinese mission to the WTO.
The Protocol Amending the TRIPS Agreement, done at Geneva on Dec. 6 2005, means to allow WTO members to export patented medicines to third countries with no manufacturing capacity in the pharmaceutical sector, by making use of compulsory licenses.
The protocol will only enter into force once two thirds of the WTO's 151 members have accepted it. China is the 13th WTO member to have accepted it.
News origin: Xinhua
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