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‘Compromise’ on TRIPS waiver is a sellout -Latha Jishnu

-Down to Earth Tough new conditions emerge in the compromise deal to ease WTO intellectual property barriers to production of COVID-19 medical tools We are back to square one. Back to the beginning after 18 months of a wearying, tortuous series of negotiations that carried on while millions of lives hung in the balance — and still do. The waiver of intellectual property (IP) rights on medicines, vaccines and diagnostics to fight the...

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India risks being edged out of patent waiver plan at WTO -Jacob Koshy and Suhasini Haidar

-The Hindu Negotiations are at a “critical and sensitive” stage in Geneva, say sources India runs the risk of being excluded from a proposal it co-authored at the World Trade Organisation (WTO) negotiations, in 2020, to “temporarily waive” intellectual property rights (IPR) held, by primarily Western countries, on vaccines, therapeutics and diagnostics for covid-19. Geneva Health Files, a Switzerland-based newsletter portal that tracks developments in intellectual property, first reported on Friday that “a...

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India seeks emergency meeting of WTO's General Council this month to discuss COVID package

-PTI/ The Hindu Discussions on patent waiver sought India has sought an emergency meeting of the General Council of the World Trade Organization (WTO) this month in Geneva to deliberate upon the world trade body’s proposed response package, including patent waiver proposal, to deal with the pandemic amid rising coronavirus infections globally, an official said. The General Council is WTO’s highest decision-making body in Geneva. Please click here to read more. ...

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Leverage WTO to reform the MSP regime -Ashima Goyal

-The Hindu Business Line It’s in India’s own interest to phase out free supply electricity and water and focus on productivity boosting infrastructure The macroeconomic impact of MSP has been neglected in the current debate. It worked, over the years, as a push keeping Indian inflation high. The short-term rise in farmer incomes it delivered was soon eroded, leading to another rise and so on. In recent years it has led India to...

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The WTO’s challenge to MSP is another frontier to cross -Prabhash Ranjan

-The Hindu The need is to convince farmers of other effective policy interventions that are World Trade Organization compatible The demand of farmers to provide a legal guarantee for the minimum support price (MSP) for their produce has triggered a nationwide debate. Some believe it would be “fiscally ruinous” to procure all the 23 crops for which MSP is announced annually. Others contend that procuring these crops would be a logistical nightmare....

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