Skip to main content

India looks into changing the rules for vaccine flow | Economic Times

India could consider amending its proposal on a temporary waiver in global intellectual property agreements, to ensure uninterrupted flow of vaccines amid the ongoing pandemic, to get the US, the EU, the UK, Switzerland, Japan and Australia that are opposing it, on board. A final decision on the amendment is expected soon, government officials said.The joint proposal by India and South Africa calls for a waiver for all World Trade Organization (WTO) members of certain provisions of copyrights, industrial designs, patents and protection of undisclosed information in the Trade Related Intellectual Property Rights (TRIPS) Agreement for prevention, containment or treatment of Covid-19. Made in October last year, the proposal has the support of almost a hundred countries now. However, it has not moved forward to text-based negotiations as the US, the EU, the UK, Switzerland, Japan and Australia, among others have opposed it.Officials said consultations are on with the 100-odd co-sponsors of the proposal before any decision is taken. “We have to consult every co-sponsor because they supported the first draft. We are already in touch with the co-sponsors on the issue of a revised text,” said an official.82263943The proposal seeks to avoid barriers to the timely access to affordable medical products including vaccines and medicines or to scaling-up of research, development, manufacturing and supply of essential medical products.As per the official, there is a feeling that some counties are not willing to engage because the proposal looks broad and sweeping and that its tweaking will help them bring them to the negotiating table.“However, there is another thought that revisions usually happen after negotiations begin and it may not be a good idea to do so now,” the official said.India has said that the world needs around 10 billion doses of vaccines annually and the existing approach of voluntary licenses could deliver only 4% of the projected output in 2020, that is 31 million doses.“Could members who claim that voluntary licenses are working explain how and from where the current requirements will be met,” India asked the WTO members last week at a meeting at the organisation.As per a Geneva-based official, developed countries have suggested facilitating the use of compulsory licensing legislation, barriers to which have been one of the main complaints of developing and least-developed members and the possibility of exploring ways to ensure that compulsory licensing procedures are streamlined for exporting members, and that the product labelling and packaging rules do not create unnecessary hurdles.

Comments

Popular posts from this blog

Top 10 Job Search Portals to Land Your Dream Job in 2025

Finding the right job in today’s competitive market requires more than just sending resumes. The digital age has revolutionized the way job seekers connect with employers. Whether you're a fresh graduate, a seasoned professional, or someone looking to switch careers, using the right job search portal can make all the difference. To save you time and effort, we've curated a list of the top 10 job search portals in 2025 — platforms that are fast, reliable, and feature-rich. These websites offer advanced filters, AI-powered matching, real-time alerts, and company insights to help you land your dream role faster. Let’s dive in. 1. LinkedIn Jobs Website: www.linkedin.com/jobs Why it stands out: LinkedIn remains the powerhouse for professionals in 2025. Beyond just job postings, it offers powerful networking tools, skill endorsements, company updates, and learning resources. You can follow companies, join niche groups, and even get noticed by recruiters who scout directly on th...

Job Openings Near Me: Find Your Perfect Job Today!

A professional and modern illustration of job seekers searching for jobs on their laptops and smartphones. The scene includes a large job search portal on a screen displaying job listings, with people interacting with it. The background features a city skyline, symbolizing local job opportunities. The color scheme is bright and inviting, with a mix of blue and green tones to represent trust and growth. Looking for job openings near me ? You’re in the right place! Whether you’re searching for a full-time career, part-time work, or remote opportunities, this guide will help you find the best job openings in your area quickly and easily. Why Search for Local Job Openings? Finding a job near you offers several benefits, including: Shorter commute times Better work-life balance More networking opportunities in your local community Faster hiring process with local employers How to Find the Best Job Openings Near You Here are some proven strategies to land a job in your area: 1. Use Job Sear...