Hindustan Times (Delhi)

India, US discuss IPR waiver on jabs’ proposal

- HT Correspond­ent letters@hindustant­imes.com

WASHINGTON: Commerce and Industry minister Piyush Goyal and his US counterpar­t Katherine Tai discussed Friday ongoing negotiatio­ns at the World Trade Organizati­on (WTO) on a proposal put forward by India and South Africa to temporaril­y waive intellectu­al property rights to Covid-19 vaccines to ensure equitable access to them around the world.

India’s proposal on waiver of certain Trade-related Aspects of Intellectu­al Property Rights (TRIPS) provisions to increase global vaccine production in order to take on the challenge of vaccinatin­g the poorest of the poor and save lives was discussed, an official statement said. “The meeting focused on increasing vaccine availabili­ty in an inclusive and equitable manner to combat the global pandemic caused by Covid-19,” the statement said. The minister mentioned that the supply chains for the vaccine manufactur­ers must be kept open and unbridled as the entire world is in dire need of vaccines.

“Both sides agreed to work towards the common resolve of increasing vaccine availabili­ty and saving lives,” it added

US Trade Representa­tive Tai reaffirmed US “commitment” to help India during its time of need, her office said in a readout of their virtual conversati­on. She told Goyal the US support for the waiver and textbased negotiatio­ns at the WTO is a part of the Biden-harris Administra­tion’s “comprehens­ive effort to expand vaccine manufactur­ing and distributi­on around the world”.

Tai announced US support for the proposal last week under mounting pressure from other WTO member countries and Democrats at home.

In October 2020, India and South Africa submitted a proposal suggesting a waiver for all WTO members on the implementa­tion of certain provisions of the TRIPS Agreement in relation to the prevention, containmen­t or treatment of COVID-19. The agreement on TRIPS came into effect in January 1995. It is a multilater­al agreement on intellectu­al property (IP) rights .

Newspapers in English

Newspapers from India