Read more about WTO members should start text-based talks on patent waiver proposal: India on Business Standard. WTO members must infuse some certainty during this crisis by agreeing to initiate text-based talks on the proposed patent waiver proposal to deal with the Covid-19 pandemic, India has said
BRICS on Tuesday extended their support for a temporary global waiver on patent protection for COVID-19 vaccines and also reiterated the need for sharing of vac
New Delhi [India], June 1 (ANI): The proposal by South Africa and India for a temporary global waiver on patent protection for COVID-19 vaccines will facilitate wider access to technologies needed to produce vaccines, South African Foreign Minister Naledi Pandor on Tuesday.
The huge COVID-19 vaccine supply gap between rich and poor countries exposes the deadly problem of intellectual property (IP) rights and the dangerous monopoly power of Big Pharma. It also exposes in glaring terms the failures of the entire system of global trading rules regulated by the World Trade Organization (WTO). In this interview, Jayati Ghosh, one of the world’s leading development economists, dissects the question of intellectual property rights relating to vaccines and argues that the WTO is a vehicle for international imperialism.