Decision On TRIPS Waiver Proposal Absolutely Crucial In These Trying Times: India

A decision on the ‘critical’ proposal in the WTO about temporary waiver of certain provisions of intellectual property rights’ agreement for tackling COVID-19, is ‘absolutely crucial’ to relevance of this multilateral organisation in these trying times, India has said. In October 2020, India and South Africa had submitted the first proposal suggesting a waiver for all WTO (World Trade Organization) members on the implementation of certain provisions of the TRIPS Agreement in relation to the prevention, containment or treatment of COVID-19. In May this year, a revised proposal was submitted…

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