Hindustan Times ST (Mumbai) - Live

Waiver of vaccine patent will ensure scaling up of inoculatio­n drive, says foreign secy

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NEW DELHI: India’s proposal at the World Trade Organizati­on for waiver of patent protection­s for Covid-19 vaccines is an important step for ensuring scaling up of manufactur­e and availabili­ty of vaccines, foreign secretary Harsh Shringla said on Friday. In a virtual address to a UN Security Council debate on internatio­nal peace and security and multilater­alism, Shringla said the challenges of today’s interdepen­dent world cannot be addressed by outdated systems and a reformed Security Council is at the core of India’s call for reformed multilater­alism. “This waiver will be an important step for enabling the rapid scaling up of manufactur­e and timely availabili­ty of affordable Covid-19 vaccines and essential medical products on a global basis.” He described 2021 as a “watershed moment” that provides a “timely opportunit­y to reflect on the effectiven­ess of the UN” in achieving its goals.

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