- Patents:
- Requires minimum protection for inventions.
- Allows member countries to determine grounds for compulsory licenses.
- Copyrights:
- Based on Berne Convention for protection of literary and artistic works.
- Ensures protection for “expression of ideas”.
- Trademarks:
- Ensures protection for brand names and product logos.
- TRIPS sets minimum standards for these IPRs and mandates their enforcement.