2:00PM Water Cooler 3/1/2021 | naked capitalism
Trade “Arcane WTO Pact Takes Center Stage in Vaccine Equity Debate” [Bloomberg]. “n the World Trade Organization’s alphabet soup vocabulary, one particular acronym is gaining a lot of attention: TRIPs. Shorthand for the Geneva-based group’s agreement on trade-related aspects of intellectual-property rights, TRIPs sets enforceable rules for the protection of trademarks, designs, inventions and other intangible goods in international trade. Today this arcane 1995 agreement has re-entered the political lexicon as a potential tool to save lives and ensure fairness in the pandemic. India...