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Reviving the economy, Covid-19 and beyond


The Covid-19 has already proved that technology and innovations are essential to manage the epidemic more effectively.
Several innovations have introduced new technological methods, techniques and equipment to combat the virus.
TRIPs agreement and response to the Covid-19 pandemic
In Sri Lanka, traditional medicines are not yet protected under the TRIPs agreement. Anecdotal evidence suggests that due to lack of a proper protection system, a large amount of traditional knowledge which relates to medicinal use are exploited.
Regardless of what the TRIPs agreement has stated on technology and innovations, most important is the national law and its enforcement in individual countries. The TRIPs agreement is flexible, where it provides the freedom to each member to implement their respective national laws according to their settings considering the country’s economy and financial ability. ....

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