Intellectual Property and Principles of IPR in Bangladesh

Abstract

Intellectual Property ordinarily includes patent, design, trademark and copyright. Due to the technological growth and globalization. Intellectual Property (IP) has acquired an international character. The greater importance on Intellectual Property all over the world can be traced from the concern of different international organization. WIPO and WTO are playing the leading role jointly for the protection of Intellectual property. Under the WTO agreement developing countries and transition economies were given use years to ensure that their laws and practices conform with the TRIPS agreement (1995 to 2000). Least-developed countries had 11 years, until 2006 conform to the TRIPS agreement. At present this period was extended to 2013 in general, and to 2016 for pharmaceutical patents and undisclosed information. This papers describe about Bangladesh that is a member of both the WIPO and WTO. Being a member of WTO, it has also to conform its national law to conformity with the TRIPS agreement within the stipulated time. Presently IP protection is governed by the Patents and Designs Act. 1911, The Trademark Ordinance. 2008 and the Copyright Act, 2000. The law relating to trademark and copyright has been modified to greater extent but patent and design law of our country was not modified yet to cope with the present situation.