Editing Intellectual property (section)

== International framework ==
The international governance of IP involves multiple overlapping institutions and forums.<ref name=":4" />{{Rp|page=25}} There is no overall rule-making body.<ref name=":4" />{{Rp|page=25}} One of the most important aspects of global IP governance is the [[TRIPS Agreement|Agreement on Trade Related Aspects of Intellectual Property Rights]] (TRIPS).<ref name=":4" />{{Rp|page=7}} The TRIPS Agreement sets minimum international standards for IP which every member of the [[World Trade Organization]] (WTO) must comply with.<ref name=":4" />{{Rp|page=7}} A member's non-compliance with the TRIPS Agreement may be grounds for suit under the [[Dispute settlement in the World Trade Organization|WTO's Dispute Settlement Mechanism]].<ref name=":4" />{{Rp|page=7}} Bilateral and multi-lateral agreements often establish IP requirements above the requirements of the TRIPS Agreement.<ref name=":4" />{{Rp|page=7}}