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Negotiating States underlined that the draft Agreement respects fundamental rights and freedoms and does not go against the provisions of World Trade Organization (WTO) TRIPS Agreement (Agreement on Trade-Related Aspects of Intellectual Property Rights).
UNESCO: CULTURE
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It was reaffirmed in the hotly contested Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement of 1994.
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Since TRIPS was instituted, the next generation of HIV and AIDS drugs has become available, but how the agreement will affect their pricing remains to be seen.
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