NSA Jake Sullivan and EAM Jaishankar discussed Indo-Pacific, climate change and agreed that people-to-people ties and shared values are the foundation of US-India partnership.
US is learnt to have told both India & South Africa that while it supports temporary TRIPS waiver, it will 'only' be applicable to Covid vaccines and not to medicines, ventilators etc.
It is time countries acted with a humanitarian approach at WTO and relaxed IPR provisions for Covid-19 vaccines. And it can be done without disincentivising R&D efforts.
For President Joe Biden to take a stand against pharmaceutical companies is no small matter. His presidential campaign was the near sole beneficiary of pharma largesse in 2020.
India and South Africa have proposed a broad waiver from the Trips agreement’s rules on the production and export of vaccines needed to combat the Covid-19 virus.
A lot of obstacles have slowed things down, not all patent-related: Raw materials supplies, the complexity of new technologies and logistical issues in scaling up production.
US, EU, Canada and other developed nations, with access to Covid-19 vaccines, must stop opposing India and South Africa's proposal to waive patent and intellectual property rights.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
COMMENTS