TRIPS FLEXIBILITY

  • October 4, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Context:

India and South Africa have requested the World Trade Organization (WTO) to waive certain conditions of the Trade Related Aspects of Intellectual Property Rights (TRIPS) agreement that could impede timely access to affordable medical products to combat Covid-19.

According to these countries, many developing countries, may face institutional and legal difficulties when using flexibilities available in the TRIPS Agreement.

They are asking for waiver of following sections

These Sections are 1, 4, 5 and 7 which pertains to copyright and related rights, industrial designs, patents and the protection of undisclosed information.

TRIPS FLEXIBILITY