Tuesday, 18 May 2021, 5:44 am
A recent report from the Reality of Aid Network titled
Reality of Aid Report 2020/2021: Aid in the context of
Conflict, Fragility and the Climate Emergency sheds light on
the urgent need to reform the aid system which is currently
ill-equipped to handle the triple threat of COVID-19,
conflicts and the climate emergency.
“The current
aid system is ill-equipped to meet the challenges of this
coming decade. Over the past 20 years the Reality of Aid
Network has been consistent in calling for donors to meet
the UN target of 0.7% of donors’ GNI for ODA,” according
to the report.
Interview - Russia-Africa Summit unique platform bringing together corporate directors and investors
3 HOURS AGO
As widely known, Russia plans to hold the second Russia-Africa summit in 2022, as a further step to make inroads into Africa - that comprises a diverse collection of countries, each with its own set of development setbacks and challenges. The political culture and investment climate are, in fact, diverse but are also important forces in determining the levels of the economy.
As it aims at raising its economic profile, Russia is strongly encouraging Russian business leaders to prioritize sustainable development-oriented projects as a practical step towards raising the living standard of millions of impoverished population in Africa.
May 13, 2021
Commerce & Industry Minister Piyush Goyal (file photo) - KK×
‘Temporary waiver of TRIPS provisions is not enough for overcoming Covid-19 crisis’
Acceptance of the temporary waiver for Trade Related Intellectual Property Rights (TRIPS) provisions by countries is not enough for overcoming the Covid-19 crisis as nations also need to expedite consensus building, transfer of technology and availability of raw materials to make it happen, Commerce & Industry Minister Piyush Goyal has said.
“Countries should also share vaccines liberally with those that are in dire need,” the Minister said at the World Economic Forum’s session on Global Trade Outlook on Wednesday. India wants the proposed TRIPS waiver to cover medicines, vaccinations and associated infrastructure to address the challenge of Covid-19, the Minister said .
Synopsis
Goyal’s comments come at a time when India is facing a shortage of Covid-19 vaccines, recently having allowed inoculations for the 18-44 age group.
PTI
Goyal said that India was fighting the second wave of Covid-19 “boldly”.
Union minister for commerce and industry Piyush Goyal on Wednesday urged countries to share Covid-19 vaccines liberally with those who are in dire need of it.
Goyal’s comments come at a time when India is facing a shortage of Covid-19 vaccines, recently having allowed inoculations for the 18-44 age group.
Before May 1st, the government had prioritised vaccinations for those above 45 years of age.