WTO working on limited IPR waiver for Covid jabs : Rashtra News
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India and South Africa had in 2020 proposed a comprehensive waiver of certain provisions of copyrights, industrial designs, patents and protection of undisclosed information in the Trade-Related aspects of Intellectual Property Rights (TRIPS) agreement for available Covid-19 treatments, technology and vaccines to help countries fight the pandemic. The move is now sponsored by 65 WTO members.
“The 10% export criterion is a positive for India as it leaves out China and the European Union (EU), but the transparency requirements can be a big hurdle,” said an expert on trade issues.
Biswajit Dhar, a professor at Jawaharlal Nehru University, expressed disappointment.
“It is a dilution from the high moral ground that India took in October 2020 which is essential to combat the pandemic. It is a disappointing proposal as 65 cosponsors are backing India including the Africa Group and more still joining us,” Dhar said.
Ashwani Mahajan, national co-convenor at Swadeshi Jagran Manch, an affiliate of RSS opposed the proposal. “Though this is not an official document but such a proposal is not acceptable and we need an all-encompassing, comprehensive waiver that goes beyond vaccines and includes trade secrets. We must protect our offensive interests.”
The compromise, called the “outcome of the quadrilateral discussions,” was reached after talks among a subgroup of WTO countries including India, South Africa, the US and the EU. The text is being considered by the EU. “The product scope is limited to vaccines with a commitment to decide on the extension of the solution to therapeutics and diagnostics within six months from the date of the decision on vaccines,” as per the compromise outcome.
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( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)
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