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LATEST NEWS UPDATES | Have India and South Africa, Lead Sponsors of the TRIPS Waiver Proposal, Reconciled to a Weak Text? -Priti Patnaik

Have India and South Africa, Lead Sponsors of the TRIPS Waiver Proposal, Reconciled to a Weak Text? -Priti Patnaik

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published Published on Jun 10, 2022   modified Modified on Jun 14, 2022

-TheWire.in

At the cusp of the 12th WTO ministerial conference, the co-sponsors seem to be giving up on the fight.

Geneva: After more than 18 months of bringing their bold proposal at the World Trade Organization (WTO) to temporarily suspend some intellectual property protections to decisively address COVID-19 in an effort to enable local manufacturing capacity, sponsors India and South Africa do not seem to be leading from the front, Geneva-based trade sources say.  

To be sure, the fight to preserve the original proposal has traversed a tortuous, circuitous path over many months, replete with leaks and other machinations that some say are typical of the international trade policy world. 

Now, at the eleventh hour, when these negotiations could be drawing to a close, these lead co-sponsors appear to have been locked into positions they cannot seem to get out of, sources closely following these discussions say. 

How we got here

Recall that the original TRIPS waiver was discussed, formally and informally, over many months at the TRIPS Council at the WTO, where mostly developed countries, such as the US, the UK, EU countries and Switzerland denied the role of intellectual property being a barrier in the access to medical products during the pandemic. The WTO membership has not engaged in text-based negotiations of the original proposal, submitted in October 2020.

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TheWire.in, 10 June, 2022, https://thewire.in/trade/have-india-and-south-africa-lead-sponsors-of-the-trips-waiver-proposal-reconciled-to-a-weak-text


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