Industrial design rights in the European Union of industrial design rights is required by the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS, Arts. 25 & 26), to which the European Union is a party. The Regulation on Community designs provides for the recognition of the priority date of an application for design right registration in a country which is either a member of the World Trade Organization or a party to the Paris Convention for the Protection of Industrial Property. On 1 January 2008, the European Union became a party to the Geneva Act of the Hague Agreement Concerning the International Registration of Industrial Designs
World Trade Organization adjust to WTO rules and disciplines through technical cooperation and training. The above five listings are the additional functions of the World Trade Organization. As globalization proceeds in today's society, the necessity of an International Organization to manage the trading systems has been of vital importance. As the trade volume increases, issues such as protectionism, trade barriers, subsidies, violation of intellectual property arise due to the differences in the trading rules of every nation. The World Trade Organization serves as the mediator between the nations when such problems arise. WTO could be referred to as the product of globalization and