{"id":40658,"date":"2022-05-06T22:53:36","date_gmt":"2022-05-06T17:23:36","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-wto-patent-waiver\/"},"modified":"2022-05-06T22:53:36","modified_gmt":"2022-05-06T17:23:36","slug":"biz-wto-patent-waiver","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-wto-patent-waiver\/","title":{"rendered":"WTO&#8217;s TRIPS council discusses proposal on patent waiver to deal with Covid pandemic"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4260960595\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, May 6 (PTI) The TRIPS Council of the World Trade Organization  on Friday held discussions on a proposal floated by India, South Africa, the US and the EU to waive certain intellectual property rights like patents to deal with COVID-19 pandemic.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2977891158\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> &#8220;At a meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) on May 6, WTO members discussed the outcome document that has recently emerged from the informal process conducted with the Quad (the European Union, India, South Africa and the United States) for an Intellectual Property (IP) response to COVID-19,&#8221; the WTO said in a statement.<\/p>\n<p> It said that members also adopted the oral status report that will be submitted by the chair of the TRIPS Council, Ambassador Lansana Gberie of Sierra Leone, to the General Council scheduled for May 9-10.<\/p>\n<p> The meeting was the first opportunity for the whole membership to share their initial views on the  text forwarded by WTO Director-General and shared immediately by Ambassador Gberie with all delegations after an informal meeting of the TRIPS Council on May 3, it added.<\/p><div class=\"trade-content_5\" id=\"trade-2131006360\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> After an impasse of more than one year in the council, DG Okonjo-Iweala, working with Deputy Director-General Anabel Gonz\u00e1lez, supported an informal group of ministers&#8217; efforts to come together around what could be a meaningful proposal, without prejudice to their respective positions, that could provide a platform to be built upon by the membership.<\/p>\n<p> &#8220;In their discussions, the Quad adopted a problem-solving approach aimed at identifying practical ways of clarifying, streamlining and simplifying how governments can override patent rights, under certain conditions, to enable diversification of production of COVID-19 vaccines,&#8221; it said.<\/p>\n<p> &#8220;The majority of delegations said they needed more time to review the document internally before they could engage in a substantive discussion,&#8221; it said.<\/p>\n<p> The chair said he will hold further consultations in different configurations after the General Council meeting on May 9-10 on how to structure substantive discussions going forward, it added.<\/p>\n<p> &#8220;While acknowledging that the proposal sets a solid basis for further discussion and could lead to a long-awaited and urgently needed outcome, some delegations noted that further engagement is needed to assess specific issues that remain in brackets in the outcome document,&#8221; it said.<\/p>\n<p> These members mentioned the eligibility threshold for developing countries who have exported more than 10 per cent of world vaccine doses in 2021 and the issuing of a single authorisation for eligible members to use the subject matter of multiple patents necessary for the production or supply of a COVID-19 vaccine as elements of the proposal that would require further discussion.<\/p><div class=\"trade-content-10\" id=\"trade-1523139320\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Some members also noted that clear reference should be made to ensuring that a potential future arrangement should apply without prejudice to existing flexibilities under the TRIPS Agreement.<\/p>\n<p> &#8220;The chair encouraged delegations to prepare for the upcoming discussions with a constructive and pragmatic attitude, particularly given the few weeks remaining before the 12th Ministerial Conference (MC12), to be held in Geneva on 12-15 June,&#8221; the WTO said.<\/p>\n<p> &#8220;The fact that a number of active delegations with divergent views have invested months of hard work to come together around a text means that we may now have a realistic chance to promptly reach an agreed outcome on this long-standing and very urgent issue,&#8221; said Ambassador Gberie.<\/p>\n<p> Members adopted the oral status report that will be submitted by Ambassador Gberie to the General Council.<\/p>\n<p> The text provides a factual overview of discussions held at the TRIPS Council since October 2020, both on the proposal by India and South Africa requesting a waiver from certain provisions of the TRIPS Agreement for the prevention, containment and treatment of COVID-19 and the proposal by the European Union for a draft General Council declaration on the TRIPS Agreement and Public Health in the circumstances of a pandemic. PTI RR  HVA<\/p>\n<div class=\"trade-after-content\" id=\"trade-1813064019\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, May 6 (PTI) The TRIPS Council of the World Trade Organization on Friday held discussions on a proposal floated by India, South Africa, the US and the EU to waive certain intellectual property rights like patents to deal with COVID-19 pandemic. &#8220;At a meeting of the Council for Trade-Related Aspects of Intellectual Property [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-40658","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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