-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...
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NGOs protest Commerce Ministry inaction on WTO COVID-19 vaccine proposal -Jacob Koshy
-The Hindu They write to Prime Minister asking him to renegotiate the draft proposal to waive intellectual property rights on vaccines and highlight the need for active engagement to improve it A group of non governmental organisations has written to Prime Minister Narendra Modi, to prod the Union Commerce Ministry into “proactively engaging” with a draft proposal at the World Trade Organisation-TRIPS in Geneva to waive intellectual property rights, mostly controlled by...
More »Revival Of Economy Should Be Topmost Priority Of World Trade Body: India
-PTI/ NDTV India told the World Trade Organization that the present situation has got a new important problem -- the increasing inflation in most of the domestic economies. New Delhi: India wants the World Trade Organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries. According to a statement by India, delivered by Ambassador and Permanent Representative to the WTO, Brajendra Navnit,...
More »Feeding the world vs farmer suicides: The dichotomy of India’s farming sector -Harmeet Shah Singh
-IndiaToday.in India is the second-biggest producer of the two staples, with more than 85 million tonnes in stocks, including 21 million tonnes in strategic reserves and the Public Distribution System, which fed about 800 million poverty-stricken people during the pandemic. When the world’s two food baskets, Russia and Ukraine, are at war, India has pitched in to feed the planet. “I had a discussion with the US President and I suggested that if...
More »Experts write to PM against WTO proposal on COVID-19 vaccine waivers -Jacob Koshy
-The Hindu “The current version of the text added new burdensome conditions that would impose additional limits on countries using non-voluntary licensing” Six experts from India, South Africa and the United States have written to Prime Minister Narendra Modi to reject the current version of a proposal at the World Trade Organisation on intellectual property waivers for COVID-19 medicines, that includes vaccines, drugs and diagnostics. In October 2020, at the WTO’s Trade Related...
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