-Mint Lounge As cyclone Tauktae develops over the Arabian Sea, it is now clear that India will see more frequent cyclones every year due to global warming It’s May, and for the second year running, a major pre-monsoon cyclone is set to make landfall in the next few days. Cyclone Tauktae in the Arabian Sea, which is currently classed as a cyclonic storm (CS) by the India Meteorological Department (IMD), is set...
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A TRIPS waiver is useful but not a magic pill -Prabhash Ranjan
-The Hindu The U.S.-supported move will have an effect if countries simultaneously address non-IP bottlenecks among other things The United States has finally relented and declared its support for a temporary waiver of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement for COVID-19 vaccines at the World Trade Organisation (WTO). In October 2020, India and South Africa, at the WTO, proposed waiving Sections 1, 4, 5, and 7 of Part II...
More »US backs IP rights waiver for Covid vaccines, EU says ready to discuss -Prabha Raghavan and Aanchal Magazine
-The Indian Express A waiver on IP protections would mean pharmaceutical firms and vaccine makers across the world can learn how to make these vaccines without fear of lawsuits from companies that originally developed them. In a move that could potentially help increase production of Covid-19 vaccines around the world, the United States on Wednesday announced its support for waiving intellectual property (IP) protections for these vaccines. Subsequently, the European Union (EU) agreed...
More »US to support intellectual property waiver for COVID-19 vaccines -Sriram Lakshman
-The Hindu The news will support the increased production of vaccines globally as countries, including India, continue to reel under the impact of the pandemic. The United States will support an initiative at the World Trade Organisation (WTO) to waive Trade Related Intellectual Property Rights (TRIPS) protection for COVID-19 vaccines, the Biden administration said on Wednesday. The news will support the increased production of vaccines globally as countries, including India, continue to...
More »Biden undecided on COVID-related TRIPS waiver, as Republican lawmakers oppose India's proposal at WTO -Sriram Lakshman
-The Hindu 12 Republican lawmakers write a seven-page letter to U.S. Trade Representative Katherine Tai on the issue U.S. President Joe Biden said on Tuesday that he had not made a decision on whether the U.S. would support an Indian and South African initiative at the World Trade Organisation (WTO) to waive Trade Related Intellectual Property Rights (TRIPS) to facilitate the production of COVID-19 related vaccines and therapeutics around the world. “Well, we’re...
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