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Synopsis At an informal meeting of heads of delegations last week, New Delhi said some members failed to engage in the text-based negotiation and also raised the issue of selective interpretation of rules and procedures during the negotiations. Agencies Mounting an indirect attack on the developed countries, India has said at the World Trade Organisation that few members ensured that the July-end deadline to reach the necessary breakthrough on a crucial intellectual property rights waiver aimed to combat the Covid-19 pandemic is missed. At an informal meeting of heads of delegations last week, New Delhi said some members failed to engage in the text-based negotiation and also raised the issue of selective interpretation of rules and procedures during the negotiations. ....
Indian Pharma on a Profit Trip(S) businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
India’s updated proposal on the global IPR waiver has the support of 62 nations and aims to end the pandemic quickly, but it has been opposed by the European Union, the UK and Australia. It will be next discussed on June 8-9 by the TRIPS council of the WTO. ....
A total of 63 nations, including India, are in support of the proposal at the WTO, while the United Kingdom, Australia, Singapore and countries of the European Union are in opposition. Agreements at the WTO require consensus among all 164 member states ....
India proposes WTO pact on easing movement of professionals to meet Covid-19 challenges May 10, 2021 × At General Council meeting, New Delhi says Ministerial Conference (MC-12) this year must also address public stock holding, food security issues India has proposed that a multilateral framework on movement of professionals should be part of the WTO’s Ministerial Conference (MC-12) agenda scheduled later this year to help deal with the challenges posed by the fast-spreading Covid-19 pandemic. “The MC-12 must also deliver a simple, efficient, and permanent solution on extending public stock holding flexibilities for food security purposes to new programmes and new products,” said Brajendra Navnit, Ambassador & Permanent Representative of India to the WTO, at the recent General Council meeting of the multilateral trade body. ....