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Pressure mounts on WTO to consider India s proposed IPR waiver on COVID vaccines – IBC World News

Pressure mounts on WTO to consider India s proposed IPR waiver on COVID vaccines – IBC World News
ibcworldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibcworldnews.com Daily Mail and Mail on Sunday newspapers.

I am sure global pharma industry will support India s WTO proposal: Goyal

Landes, W M , & Posner, R A (2003) The Economic Structure of Intellectual Property Law Cambridge, MA Harvard University Press - References

ABSTRACT: The finalization of negotiations over the Trans-Pacific Partnership (“TPP”) in October 2015 saw an exemption for tobacco products in the investor-state dispute settlement mechanism. This carve out for tobacco products paved the way for governments to consider introducing plain packaging without the concern that tobacco companies would take legal action against them. Most prominent, however, has been the World Trade Organization’s (“WTO’s”) 2018 ruling affirming a country’s right to impose tobacco plain-packaging rules because WTO agreements contain exemptions that permit countries to implement regulations which deemed it necessary to protect the health of their citizens. This article discusses the impact of this decision on initial proponents of tobacco plain packaging including Australia who have introduced statutory limitations on tobacco plain packaging, and the impact that these negotiations will have on opponents of plain packaging, particularly for count

115 MPs of European Parliament back India s Covid vaccine proposal at WTO

India s proposal at the World Trade Organisation (WTO) to waive provisions of Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) has drawn support from 115 members of European Parliament. Earlier, European Commission and European Council had opposed the proposal. In a declaration, these members said that they urge the European Commission and the European Council to review their stand. Earlier in the day, Commerce and Industry Minister Piyush Goyal had said that India’s proposal at the WTO is getting support from other nations. India along with South Africa had introduced a proposal in October 2020 for waiving the intellectual property rights regime so that more countries get equitable access to medicines, Goyal said at the International Conference on Pharmaceuticals and Medical organised by industry body FICCI.

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