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WTO members agree to extend TRIPS transition period for LDCs until 1 July 2034

30 June 2021. From the WTO: WTO members agreed to extend until 1 July 2034 the deadline for least developed countries (LDCs) to protect intellectual property under the WTO¡¯s Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). Members reached consensus on the 13-year extension of the current transition period, which was set to expire on 1 July 2021, at a formal meeting of the TRIPS Council on 29 June. More information .