WTO members US, UK, EU, Japan, Australia, Canada & Switzerland are offering stiff resistance to India and South Africa’s proposal to waive intellectual property rights on Covid vaccines.
Under the proposal, India and South Africa have sought temporary relaxations for IP, patents and other such provisions laid out under the TRIPS Agreement of the WTO.
The Trade-Related Aspects of Intellectual Property Rights waiver would allow countries, manufacturers to access & share technologies, therapeutics without trade sanctions or disputes.
Four Republican senators have argued that waiving all rights to intellectual property would end innovation and stop the development of new vaccines or boosters to address future variants of the virus.
With measures like MSP, India has been carefully treading the thin line between food and livelihood security and practices classified as 'trade distorting' under the WTO law.
India and South Africa had jointly submitted the proposal on 2 October seeking ease of intellectual property rights, patents and other provisions for Covid-related drugs.
Trump says WTO has been bad for the US, but economists generally believe that trade and its expansion post-World War 2 has produced large net benefits for the US & the world.
WTO delegates couldn’t broker a consensus agreement this week after the US demanded American Alan Wolff become interim director-general instead of Germany's Karl Brauner.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
India does not want an IP on astrazeneca, sputnik, pfizer, moderna – but it has no right to ask this when it has not openly licensed the Bharat Biotech vaccine covaxin which was in fact developed with tax payer’s money with the help of ICMR.
India does not want IP on astra zeneca, sputnik, pfizer, moderna – it has no right to ask this when it has not done it for Bharat biotech’s covaxin, which was in fact developed with indian tax payer’s money jointly with ICMR
India does not want an IP on astrazeneca, sputnik, pfizer, moderna – but it has no right to ask this when it has not openly licensed the Bharat Biotech vaccine covaxin which was in fact developed with tax payer’s money with the help of ICMR.
India does not want IP on astra zeneca, sputnik, pfizer, moderna – it has no right to ask this when it has not done it for Bharat biotech’s covaxin, which was in fact developed with indian tax payer’s money jointly with ICMR
So much of human rights protection from these hypocrite countries. For them only money matters.
And then in future ,these white western European countries will demonstrate their hypocrisy calling out human rights violations in poor countries !