The East African
Monday December 21 2020
Healthcare workers in the US receive Covid-19 vaccinations on December 16, in Oregon. The US is against a proposal to waive IP rights on coronavirus pharmaceuticals. PHOTO | AFP
Summary
The US retains its position that WTO members should be more concerned about the pandemic creating an increase in counterfeit health and safety-related products.
Big Pharma rejected the proposal by India and South Africa that would grant compulsory licensing of the vaccines and drugs by overriding patent rules of the TRIPS Agreement, allowing generics to be manufactured.
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The World Trade Organisation has delayed a decision on a proposal to waive Intellectual Property Rights (IPR) for Covid-19 drugs and vaccines, as South Africa and India made their presentations for the suspension .
Future of export hinges on continuity of EU duty benefit PRI study says
PRI study says
The future of Bangladesh s exports heavily depends on the continuation of duty-free privileges to the European Union, the country s largest export bloc, following the 2024 status graduation, according to findings of a study released yesterday.
If the EU extends the duty privileges, then other developed countries will follow suit, said MA Razzaque, research director of Policy Research Institute (PRI).
As a least developed country (LDC), Bangladesh currently enjoys duty-free access to the EU under the latter s Everything But Arms (EBA) initiative, with around 61 per cent of its yearly exports destined for the region.
We need a 2nd declaration on WTO s TRIPs, public health: CUTS International
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Last Updated: Dec 19, 2020, 06:18 PM IST
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Synopsis
The WTO s (World Trade Organisation) Agreement on Trade-Related Aspects of Intellectual Property Rights or TRIPS Agreement came into effect in January 1995.
It is a multilateral agreement on intellectual property rights such as copyright, industrial designs, patents and protection of undisclosed information or trade secrets.
NEW DELHI: The global civil society should take lead in pressing for a second version of the Doha Declaration on WTO s agreement on intellectual property and public health to deal with crisis situations, research firm CUTS International said on Saturday.
New Delhi: Oxford University Press, 2019; pp xx + 295, ₹
895.
Oxford: Oxford University Press, 2019; pp xxiv + 577, price not indicated.
Asia’s Journey to Prosperity: Policy, Market, and Technology Over 50 Years by Asian Development Bank,
Manila: ADB, 2020 (ebook), http://dx.doi.org/10.22617/TCS190290.
The transformation of Asia from its status as the most impoverished region to the growth locomotive of the world economy within five decades is unprecedented and nothing short of a miracle. The achievement seems all the more profound when juxtaposed with a very pessimistic outlook of Asia’s development prospects made by Gunnar Myrdal in his three-volume tome
Asian Drama: An Inquiry into the Poverty of Nations, published in 1968.
(1) APPLICABLE LAWS
1. The Industrial Property Code No. 6769 (the
IP Code), which was prepared by the Turkish Patent and Trademark
Office (the Office), is the main legislation in Turkey codifying
all kinds of IP rights in Turkey. The IP Code which has abolished
previous IP related Decree-Laws entered into force on 10 January
2017 upon publication in the Official Gazette.
2. The IP Code regulates all IP rights in a
single code. It is divided into five chapters, and the first four
chapters of the law relate to trademarks, geographical indications,
designs and patent rights, respectively. The principles, rules and
conditions regarding the protection of patents are stated in Book 4