TRIPS Waiver on Covid-19 vaccines Current Affairs, GK & News
World Trade Organization (WTO) is set to start formal Covid-19 Vaccine Supply negotiations in a bid to boost COVID-19 vaccine supply in developing countries. Key points However, the proposal face rival as one is with waiver of intellectual property rights while the other is without a waiver of intellectual property rights. South Africa, India and ..
Month: Current Affairs - June, 2021
The Prime Minister Narendra Modi is to take part in the European Council (to be held on May 8, 2021) meet. This year, in 2021, the India-European Union Leaders’ Meeting is to be hosted by Portugal. Portugal currently holds the chair of the grouping. About the meet The PM Modi is to participate in the ..
Month: Current Affairs - May, 2021
Category: International Current Affairs
The BRICS Contact Group on Economic and Trade Issues (CGETI) held their first meeting under the Chair ship of India. The meeting was held from March 9 to March 11, 2021. The meeting was held under the Theme –“BRICS @15: Intra BRICS Cooperation for Continuity, Consolidation, and Consensus”. Highlights India under its Chair ship for 2021, presented ..
Topics: 13th BRICS Summit • BRICS 2021 • BRICS CGETI • BRICS Contact Group on Economic and Trade Issues • Strategy for BRICS Economic Partnership 2025 • TRIPS Waiver on Covid-19 vaccines • World Trade Organization (WTO)
India has made a fresh proposal at the World Trade Organisation (WTO) for the establishing the mechanism of true vaccine internationalism. India has also warned developed nations who are blocking proposal of temporary waiver of the intellectual property obligations. Highlights India warned them that even if they vaccinate all the citizens, they will be at ..
The World Trade Organisation (WTO) is under pressure to consider the India’s proposal of Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver on Covid-19 vaccines. Key Points Pressure increased on WTO after several European Union lawmakers and group of least developed countries (LDC) provided their support to India’s proposal of waiving the TRIPS on vaccines. ..