Which of the following agreement is blamed for raising drug price thereby adversely affect the right to health ?
UGC NET - 2012,
Answer: A
The TRIPS Agreement, the Agreement on Trade-Related Aspects of Intellectual Property Rights, is blamed for raising drug prices. It requires member states to grant product patents, including on medicines, for at least twenty years, which delays cheaper generic versions and so affects the right to health. TRIMS deals with investment measures linked to trade in goods, GATT with tariffs and trade in goods, and the Agreement on Agriculture with farm trade. None of the last three governs patents on medicines. The answer is TRIPS.
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