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India


Revised Indian proposal on patent waiver at WTO to access Covid-19 medicine later this month

Revised Indian proposal on patent waiver at WTO to access Covid-19 medicine later this month
(File Photo)

New Delhi, May 6 (UNI) The World Trade Organization will consider in the second half of this month a revised text of the proposal India and South Africa are going to submit for a temporary waiver of certain patent-related obligations to access essential COVID-19 medicines and medical equipment.
At the WTO General Council meeting in Geneva on Wednesday, members agreed to allow the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) to continue consideration of the proposal first put forward by India and South Africa in October last year.
They requested the chair of the TRIPS Council to consider holding a meeting open to all members in the second half of May to discuss the revised proposal before the next formal TRIPS Council meeting scheduled for early June.

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