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India seeks new benchmark for farm subsidy at WTO -Banikinkar Pattanayak

-Financial Express The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others. India, along with 80-odd developing countries, has sought a revision of the over three-decade-old external reference prices of farm commodities that are used by the World Trade Organization (WTO) to calculate current domestic farm subsidies extended by developing...

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WTO talks face deadlock over decision on Patent Waiver, fisheries subsidies

-PTI/ The Hindu The four-day ministerial conference that started on June 12 was extended by a day to give negotiators more time to iron out differences and strike the deal Talks at the World Trade Organisation conference hit a fresh hurdle late on Thursday with a group of countries blocking a decision on two crucial issues, temporary Patent Waiver for COVID-19 vaccines and eliminating harmful subsidies to promote sustainable fishing, sources said. The...

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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...

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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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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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