COVID-19 crisis: WTO members propose three-year TRIPS waiver

COVID-19 crisis: WTO members propose three-year TRIPS waiver
Joe C Mathew
© India Today Group
COVID-19 crisis: WTO members propose three-year TRIPS waiver
The World Trade Organisation (WTO) members who are co-sponsoring the TRIPS waiver proposal for products and technologies needed to treat and prevent COVID-19 have submitted a revised draft that limits the waiver period to three years with a provision to review the duration. They re-emphasised that the proposed waiver is limited in scope to COVID-19 prevention, treatment, and containment.
The revised proposal was circulated by the WTO secretariat on May 21 at the request of 62 co-sponsors that include India, South Africa, the African Group, the LDC Group, Bolivia, Egypt, Eswatini, Fiji, Indonesia, Kenya, Maldives, Mozambique, Mongolia, Namibia, Pakistan, Vanuatu, Venezuela, and Zimbabwe.

Related Keywords

Mongolia , Vanuatu , Bolivia , China , South Africa , Indonesia , Mozambique , Fiji , Pakistan , Namibia , Kenya , India , Egypt , Zimbabwe , Maldives , Venezuela , Piyush Goyal , African Group , India Today Group , World Trade Organisation , General Council , Esettlement Mechanism , மங்கோலியா , வ்யாநுவாடு , பொலிவியா , சீனா , இந்தோனேசியா , மொசாம்பிக் , ஃபிஜி , பாக்கிஸ்தான் , நமீபியா , கேந்ய , இந்தியா , எகிப்து , ஸிஂபாப்வே , மாலத்தீவுகள் , வெநெஸ்வேலா , பியூஷ கோயல் , இந்தியா இன்று குழு , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , ஜநரல் சபை , தீர்வு பொறிமுறை ,