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Page 182 - வர்த்தகம் தொடர்புடையது அம்சங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A Brewing Storm in India-US Ties Avoided, but Prickly Issues Still Need to be Resolved

A Brewing Storm in India-US Ties Avoided, but Prickly Issues Still Need to be Resolved News18 1 hour ago Kanwal Sibal © Provided by News18 A Brewing Storm in India-US Ties Avoided, but Prickly Issues Still Need to be Resolved A brewing storm in India-US ties has been avoided. The decision by the Biden administration to extend the Defence Production Act (DPA) originally invoked by Trump (18 times to aid vaccine development) to “expedite critical materials in vaccine production, such as equipment, machinery and supplies” to boost vaccine production in the US has had repercussions in India. It has threatened supplies of critical ingredients for vaccine manufacturing in India at a time when India is in the throes of a severe second wave and the government has decided to vaccinate all who are 18 and above, for which vaccination production will have to be ramped up.

US considering intellectual property waiver for COVID vaccines

The United States is considering options for maximising global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property (IP) rights, but no decision has been made, according to the White House. The announcement comes as the US and other Western countries have begun providing aid and lifting export controls on medical equipment and vaccine raw materials amid pressure from countries where deaths and infections are surging, notably India. On Wednesday, India surpassed 200,000 deaths from the virus, although the actual count is expected to be much higher. White House spokeswoman Jen Psaki said “there are a lot of different ways” to maximise the global production of vaccines.

UPDATE 1-Top U S trade negotiator discussed vaccine ramp-up with Novavax exec

UPDATE 1-Top U.S. trade negotiator discussed vaccine ramp-up with Novavax exec Reuters 2 hrs ago (Adds Novavax CEO meeting with S.Korean president; paragraphs 10-11) WASHINGTON, April 27 (Reuters) - U.S. Trade Representative Katherine Tai discussed increasing COVID-19 vaccine production in a virtual meeting on Tuesday with an executive with drugmaker Novavax, Tai s office said in a statement. Tai and Novavax Executive Vice President John Trizzino also discussed a proposal before the World Trade Organization to waive certain intellectual property rights in response to the coronavirus pandemic, the USTR statement said. Ambassador Tai sought Mr. Trizzino s views on steps Novavax is taking to quickly increase equitable production and distribution of vaccines in the United States and around the world, the statement said.

SADC MPs demand action on vaccine intellectual property

As least developed countries (LDCs) join the rest of the world in rolling out Covid-19 vaccines, there are concerns over access, transparency, equity and human rights violations. Against this backdrop, Southern African Development Community (SADC) members of parliament are calling for all hands on board to build the region’s capacity to produce medicines and to ensure that citizens benefit from its vast medicinal plant resources. A virtual joint session of the SADC Parliamentary Forum’s standing committees and the Regional Women’s Parliamentary Caucus, held on 15 April, called on SADC member states to harness the “flexibilities afforded by the Agreement on Trade-Related Aspects of Intellectual Property Rights (Trips), to respond to their various communicable and non-communicable disease public health concerns”. 

Biden Administration Considering Intellectual Property Rights Waiver for COVID Vaccines

Biden Administration Considering Intellectual Property Rights Waiver for COVID Vaccines The White House is considering options for maximizing global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property rights, but no decision has been made, press secretary Jen Psaki said on Tuesday. “There are a lot of different ways to do that. Right now, that’s one of the ways, but we have to assess what makes the most sense,” Psaki said, adding that U.S. officials were studying whether it would be more effective to boost existing manufacturing of the vaccines in the United States.

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