IP as a tool for economic growth in Nigeria inventa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inventa.com Daily Mail and Mail on Sunday newspapers.
Leaders call for immediate
efforts to ensure equitable access to
vaccines
New York, 20 April 2021 – As
we continue the battle to overcome the COVID-19 pandemic,
world leaders were alerted about the deep inequity in access
to the COVID-19 vaccines between rich and poor countries and
between people at the UN High-level Meeting on vaccine
equity. They called for recognizing the vaccine and related
technologies as global public goods.
In a Presidential
Statement, released today on the key recommendations
from the 16 April ECOSOC Special Ministerial Meeting, ECOSOC
President Munir Akram underscores that: “The expressed
commitment to global solidarity and multilateral cooperation
must now be translated into concrete actions, which requires
Mariana Mazzucato, Jayati Ghosh and Els Torreele on waiving covid patents economist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economist.com Daily Mail and Mail on Sunday newspapers.
WTO to again discuss Covid vaccine IPR waiver proposal by India, South Africa on Thursday
Under the proposal, India and South Africa have sought temporary relaxations for IP, patents and other such provisions laid out under the TRIPS Agreement of the WTO.
Nayanima Basu 19 April, 2021 5:54 pm IST Text Size:
A+
New Delhi: India and South Africa’s proposal to temporarily waive the intellectual property and patent rights on Covid vaccines will be discussed at yet another round of informal meeting of the World Trade Organization (WTO)’s TRIPS Council Thursday, even as the US continues to oppose the move.
The meeting will take place at the WTO headquarters in Geneva, according to the global trade body.
Inventa International
Over the years, concrete efforts have been made to develop Nigeria s indigenous IP regime. The earliest attempt at developing Nigeria’s IP dates to post-independence Nigeria. However, these various attempts have not been fruitful as Nigeria has failed to fully exploit the benefits that could be accrued from proper management and protection of Intellectual Property Rights in the country. The current economic and trade conditions in the world is susceptible to change, therefore requiring constant improvement to ensure economic development. These conditions will stimulate innovation and improvements in Nigeria’s technology, designs, and other tangible and intangible assets. It will also create incentives for Nigerians to invent continuously by providing some form of compensation and guarantee that innovations will be credited to the true inventors. This can only be achievable through the promotion of intellectual property rights and provisions of competent IP