TRIPS AGREEMENT Subject: International Agreements Context: India, others push for TRIPS waiver scope beyond Covid vaccine at WTO Concept: India is among 62 World Trade Organization (WTO) members that are pushing this draft, which limits the waiver period to three years, with a provision to review the duration. However, the proposal continues to […]

    TRIPS AGREEMENT Subject: Economics / IR Context: Even an unprecedented pandemic can do little, it appears, to upset the existing global regime governing monopoly rights over the production and distribution of life-saving drugs. Concept: On October 2 last year, India and South Africa submitted a joint petition to the World Trade Organization (WTO), […]

    TRIPS AGREEMENT Subject: International Agreements Context : US considering supporting India , South Africa at WTO. Concept : TRIPS is an international agreement administered by the World Trade Organization (WTO), which sets down minimum standards for many forms of intellectual property (IP) regulations as applied to the nationals of other WTO Members. It […]

    TRIPS AGREEMENT Subject: International Agreements Context : India’s joint proposal with South Africa at the World Trade Organisation for a  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, […]