A recent proposal calls for a waiver for all World Trade Organisation members of certain provisions of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) in relation to the "prevention, containment or treatment" of COVID-19. However, without the voluntary cooperation of vaccine originator companies, a significant or rapid increase in the production of vaccines by third-party manufacturers is unlikely. This article discusses some of the limitations of the proposed TRIPS waiver.
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The country would also like to enter into line-by-line negotiations on the text and it is open and flexible to engage in all possible formats, whether, in plenary or small group meetings, India said in a statement on TRIPs waiver proposal