India urges WTO members to reach consensus on TRIPS waiver proposal
SECTIONS
Last Updated: Mar 02, 2021, 04:19 PM IST
Share
Synopsis
In October 2020, India and South Africa submitted a proposal suggesting a waiver for all WTO members on the implementation, application and enforcement of certain provisions of the TRIPS Agreement in relation to the prevention, containment or treatment of COVID-19.
Agencies
The agreement on Trade-Related Aspects of Intellectual Property Rights or TRIPS came into effect in January 1995. It is a multilateral agreement on intellectual property (IP) rights such as copyright, industrial designs, patents and protection of undisclosed information or trade secrets.
India has urged WTO members to reach consensus on a proposal on waiver of certain provisions in a multilateral agreement on intellectual property to deal with COVID-19 crisis, stating that one cannot continue to engage in endless discussions when millions of lives are lost to the pandemic.
India News: India has hit out at developed countries that are seeking to block its joint initiative with South Africa for patent waiver on Covid-19 vaccines. It h
India slams rich nations for vaccine patent hurdle | India News indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
COVID-19: UN experts urge WTO cooperation on vaccines to protect global public health
Format
GENEVA (1 March 2021) – UN experts said today billions of people, especially in the Global South, risk being excluded from the benefits of COVID-19 immunisation until 2024 and urged rich States to end short-sighted vaccine nationalism that is fuelling a vaccine-divide and undermining worldwide recovery.
“Recovery from the pandemic is impossible unless it ends for everyone. New mutating forms of the virus that may emerge in largely unvaccinated populations can pose a threat to all, including those previously vaccinated,” said the independent experts appointed by the Human Rights Council.
Patently unfair: Can waivers help solve COVID vaccine inequality? aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.