TRIPS Subject: Science and Technology Context: WTO’s TRIPS council to meet on IP waiver extension for Covid diagnostics and therapeutics this week to reach a decision on the crucial issue by the deadline of December 17. Details: At the 12th WTO Ministerial Conference a temporary IP waiver for Covid-19 vaccines extended under specific […]

Subject: Economy Context : India’s joint proposal with South Africa at the World Trade Organisation for a temporary waiver of certain Trade Related Intellectual Property Rights  obligations to ensure smooth supply of medicines and vaccines during the Covid-19 pandemic. It has gained support from most developing countries while several developed members, including the US, Australia […]