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Anshika Gubrele and Subodh Asthana, both students at Bharati Vidyapeeth (Deemed to be University) New Law College, Pune and Hidayatullah National Law University, Raipur, in India, respectively, discuss the proposed patent waiver for manufacturing COVID-19 vaccines and its legal implications.
While the entire world is in the grips of the ongoing COVID-19 pandemic, 62 co-sponsor countries including India, South Africa, and Indonesia have recently given a revised draft proposal for waiving the Intellectual Property (“IP”) rights of COVID vaccines to the TRIPS Council of the World Trade Organisation (“WTO”), seeking a patent waiver for manufacturing various COVID-19 medical props including vaccines.
“India and South Africa’s proposal has achieved tremendous mileage and tremendous progression at a very fast pace,” Commerce Secretary Anup Wadhawan said
In October 2020, India and South Africa had submitted the first proposal suggesting a waiver for all WTO members on the implementation of certain provisions of the TRIPS Agreement in relation to the prevention, containment or treatment of COVID-19. In May this year, a revised proposal was submitted by 62 co-sponsors, including India, South Africa, and Indonesia.
COVID: TRIPS Council agrees to start text-based talks on patent waiver proposal
The TRIPS Council of the World Trade Organization WTO on Wednesday agreed with consensus to start text-based negotiations on a proposal submitted by India and South Africa seeking patent waivers to deal with the COVID-19 crisis, an official said.
PTI | New Delhi | Updated: 09-06-2021 19:33 IST | Created: 09-06-2021 19:33 IST
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The TRIPS Council of the World Trade Organization (WTO) on Wednesday agreed with consensus to start text-based negotiations on a proposal submitted by India and South Africa seeking patent waivers to deal with the COVID-19 crisis, an official said. The two-day meeting of the council concluded on Wednesday. India has earlier emphasised on the importance of infusing certainty during such a crisis by agreeing to initiate text-based talks on the proposal.