Patent-waivers or pandemic: The EU must not block patent-waivers for Covid vaccines The Financial Express © Provided by The Financial Express This undermines the exercise to keep vaccines affordable for low-income nations.
The EU-chiefly vaccine-major Germany-hardening its stance over temporary patent waivers for Covid-19 vaccines at the WTO is antithetical to all the talk of its leaders on global cooperation to beat the pandemic. While, last month, there were reports of widespread support at the G7 meeting for text-based negotiations on the India-South Africa proposal for TRIPS waiver, now, the EU wants its proposal to be considered on an equal footing. The EU sees a better alternative in limiting export restrictions and compulsory licensing under the TRIPS Agreement, among other things. It calls on vaccine-producing nations to be ready to export a fair-share of their domestic production (the EU currently exports half). Bear in mind, this comes against the ba
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