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Experience with the implementation of international agreements with transfer of technology provisions, including the TRIPS Agreement, has been far from satisfactory. The importance of technology transfer has, on the other hand, actually increased rather than decreased and improving access by developing countries to existing and new technologies as well as promoting the development of their technological capabilities remains an important component of establishing a balanced and equitable system in the regulation of knowledge-based global markets. LDCs, in particular, remain in a dire situation.
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