On Tuesday, Rep. Henry Waxman (D-CA) and four other members of Congress supported an extension to a waiver requiring least developed countries (LDCs) to comply with world trade agreements. The LDCs are seeking policy flexibility to develop domestic technological and creative capacity before having to adopt the highest standards of intellectual property protection and enforcement.
In summary, the World Trade Organization waiver would extend intellectual property rights under the Trade-Related Aspects of Intellectual Property Rights Agreement for LDCs until they individually graduated from LDC status. These waivers affect the price, availability and use of resources in libraries for education, research and personal development, as well as access to affordable medicines, agricultural goods and renewable technologies.
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