A more detailed overview of the TRIPS Agreement The TRIPS Agreement. is the most comprehensive multilateral agreement on intellectual property to date. Review of members` implementing rules Members must inform the TRIPS Council of their relevant laws and regulations. This will help the Council to review the functioning of the agreement. TRIPS conditions that impose more standards beyond TRIPS were also discussed.  These free trade agreements contain conditions that limit the ability of governments to create competition for generic drug manufacturers. In particular, the United States has been criticized for encouraging protection far beyond the standards imposed by TRIPS. U.S. free trade agreements with Australia, Morocco, and Bahrain have extended patentability by requiring patents to be available for new uses of known products.  The TRIPS Agreement allows for the issuance of compulsory licenses at the discretion of a country. . .