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PM Modi asks EU to back India, South Africa on patent waiver for Covid vaccines | India News

PM Modi attends the EU summit, virtually, on Saturday. (Twitter photo) NEW DELHI: Prime Minister Narendra Modi on Saturday invited EU to support proposal by India and South Africa to waive patents on Covid-19 vaccines. The Prime Minister on Saturday virtually joined the meeting of European Council, as a special invitee at the invitation of European Council President, Charles Michel. In October last year, India and South Africa, along with 57 members of WTO proposed a waiver from certain provisions of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement for prevention, containment, and treatment of COVID-19. Our collaboration is essential to stopping the Covid-19 pandemic and ensuring a sustainable and inclusive recovery… https://t.co/n8yStFDETv Narendra Modi (@narendramodi) 1620488810000

India, EU decide to resume negotiations on FTA; unveils connectivity partnership

PM Modi asks EU to support TRIPS waiver, EU doesn t see it as magic solution

New Delhi [India], May 8 (ANI): Prime Minister Narendra Modi on Saturday asked EU leaders to support the Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver to COVID-19 vaccines at the World Trade Organisation (WTO) to remove hurdles in ramping up vaccine production. EU leadership, however, is a divided house on TRIPS waiver and does not see it as a short-term solution for vaccine shortage and equitable distribution.

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