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10 Democrats Ask Joe Biden To Back India s Waiver Bid At WTO
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US and Europe TransAtlantic Trade April 12, 2021
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COVID-19: 10 US Senators urge Biden to support India s proposal at WTO to waive IP rights for vaccines
The TRIPS waiver would lift certain intellectual property barriers and allow countries to locally manufacture COVID-19 diagnostics, treatments, and vaccines.
BusinessToday.In | April 17, 2021 | Updated 00:40 IST
Allowing countries to manufacture locally will expedite access to vaccines and treatment, the Senators said in a letter to Biden.
Ten Democratic Senators, led by Bernie Sanders, have urged US President Joe Biden to support the temporary waiver of some Trade-Related Aspects of Intellectual Property Rights (TRIPS) rules proposed by India and South Africa in WTO amid the COVID-19 pandemic.
COVID-19: 10 US Senators urge Biden to support India s proposal at WTO to waive IP rights for vaccines
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Katherine Tai. File
| Photo Credit:
AFP
The move by India, South Africa and several other countries has been supported by more than 60 top American lawmakers, most of whom are progressives. The U.S. remained non-committal on the move by India and South Africa to get Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver for COVID-19 vaccine before the WTO so that the doses are accessible and affordable to low- and middle-income countries.
The move by India, South Africa and several other countries has been supported by more than 60 top American lawmakers, most of whom are progressives.
U.S. Trade Representatives Katherine Tai, in her address to the World Trade Organisation (WTO) virtual conference on COVID-19 vaccine equity on Wednesday, however, did not weigh in on the request made by India and South Africa.