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Brics nations support patent waiver for Covid vaccines | India News

Brics nations support patent waiver for Covid vaccines

Brics nations support patent waiver for Covid vaccines © Provided by The Times of India NEW DELHI: Brics foreign ministers came together in a meeting on Tuesday to back talks at WTO for a global vaccine patent waiver, a proposal India and South Africa have been raising for ramping up Covid-19 vaccine production. The virtual meeting chaired by external affairs minister S Jaishankar, according to a joint statement, called for supporting ongoing consideration at WTO on a Covid-19 vaccine Intellectual Property Rights waiver and the use of “flexibilities” of the TRIPS agreement and the Doha Declaration on TRIPS agreement and public health.

BRICS seeks UN, WTO, WHO, World Bank, IMF reforms on 6 principles

The BRICS foreign ministers who met on Tuesday under the Indian Presidency discussed the Covid challenge threadbare besides an action plan for the groups counter-terror strategy and the necessity for urgent reforms of multilateral institutions, ET has learnt. The ministers have agreed to a set of six principles that should guide the reform of multilateral institutions

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