World economy is shaped economically and financially by
International Money Fund, World Bank and World Trade
Organization. Other commercial entities try to support this
Accordingly world trade system takes shape according to
terms assigned by World Trade Organization.
The subject international system, which mediates free market
economies to become widespread internationally, works
properly provided that free trade should spread, advanced
applications should be admitted to encourage rivalry
Industrial property rights are the basis of world economy
and trade organization.
Accordingly, various international regulations and
agreements which regulate international industrial property
rights, accommodate market standards for entrepreneurs and
protect them, are promulgated. Through the subject
regulations and organizations, among which World
Intellectual Property Organization is the leading
association, certain standards for international
applications and relevant agreements are implemented and
appropriate circumstances are provided to protect the
industrial property owners. The regulations broaden with the
new members and new codes.