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The EU has proposed that export restrictions be kept to a minimum and suggested members make use of compulsory licences for vaccines wherein countries would be allowed to grant licences to manufacturers even without the consent of the patent-holder though they would still receive compensation.
Walk the talk on TRIPS waiver Updated: Updated: The government should offer Covaxin’s technology to domestic pharmaceutical companies and foreign corporations Share Article The government should offer Covaxin’s technology to domestic pharmaceutical companies and foreign corporations Member countries of the World Trade Organization (WTO) are under an obligation to ensure that their domestic intellectual property rights (IPR) laws conform to the requirements of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement. When the pandemic hit the globe, India and South Afric...