TRIPS waiver will facilitate scaling up, timely availability of affordable COVID-19 vaccines: India at UNSC ANI | Updated: May 07, 2021 20:36 IST
New Delhi [India], May 7 (ANI): India has worked with South Africa and other partners in the WTO to seek relaxation in the norms of the TRIPS agreement, Foreign Secretary Harsh Vardhan Shringla said on Friday and noted that this waiver will be an important step for enabling the rapid scaling up of manufacture and timely availability of affordable COVID-19 vaccines and essential medical products on a global basis.
Speaking at UNSC high-level meeting on Maintenance of international peace and security: upholding multilateralism and the United Nations-centred international system , Shringla said lack of a coordinated global response has exposed the vulnerabilities and weaknesses of the multilateral system and the pandemic has exposed the fault lines from unreliable global supply chains to inequitabl
TORONTO The Canadian government is considering whether or not to lend its support to a World Trade Organizationâs (WTO) proposal to waive intellectual property (IP) rights and patents on COVID-19 vaccines, as pressure mounts to follow the example set by the U.S. Dozens of Canadian MPs across all parties have signed a letter to Prime Minister Justin Trudeau asking him to âeliminate all potential barriers to the timely access of affordable COVID-19 medical products, including vaccines and medicines, and scale up the manufacturing and supply of essential medical products.â On Friday, Minister of Small Business, Export and International Trade Mary Ng said in a statement that âCanada is ready to discuss proposals on a waiver for intellectual property protectionâ¦we understand that the pandemic isnât over anywhere until it is over everywhere.â
Prime Minister Narendra Modi had a telephonic conversation with Australia s Scott Morrison.(File)
New Delhi:
Prime Minister Narendra Modi spoke to his Australian counterpart Scott Morrison today as the two leaders agreed on the importance of ensuring equitable access to vaccines and medicines, and discussed possible initiatives for it.
PM Modi and Scott Morrison also reiterated the importance of working together for a rules-based international order and a free, open and inclusive Indo-Pacific region.
During his telephonic conversation with Scott Morrison, the prime minister conveyed his appreciation for the prompt and generous support extended by the government and the people of Australia for India s fight against the second wave of COVID-19, according to a Prime Minister s Office (PMO) statement.
India-UK Trade Pact
India and the UK have signed nine pacts during the recent summit of the Prime Ministers. This will help to strengthen the bilateral ties. Under this, both the countries have embarked on a 10-year road map to elevate the ties between the two countries.
It includes the launch of an enhanced trade partnership (ETP) and establishing a comprehensive free trade agreement (FTA). Both the countries have set the target to double the annual trade from 24 billion pounds to 50 billion pounds by 2030.
Stronger ties with the UK will help India to reduce its dependency on trade with China. It is also in best of the interest of India to secure bilateral ties. This will help to secure India s trade interest which has been often compromised in multilateral trade agreements like RCEP.
PM Modi discusses initiatives for equitable access to vaccines, medicines with Australia s PM yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.