Intellectual property rights ("IPR") are those bundle of legal rights that protect the innovations and artistic works of various creators and innovators. These rights include copyright protections, trademarks and granting of patents. 1 Accelerated globalization has resulted in large scale trade and commerce of intellectual property on a global platform, thereby generating a need for comprehensive IPR regimes. Apart from intellectual property being a commodity of trade, IPR's have an impact on various other aspects of international trade. 2They determine the flow of technology and information between countries, copyright protection prevents illegal privacy and distribution of computer software, adequate trademark protections prohibit the sale of counterfeit goods and the grant of patents fosters innovation, that further leads to an increase in trade activities.3 This paper further seeks to analyze the role of IPR's in international trade in relation to its impact and significance. Before analyzing the relation between IP and trade law, it is imperative to understand the international conventions and agreements with respect to the same.