EU, UK raise doubts about Covid weapons patent waiver

The EU, Britain and Japan continued to voice doubts at the WTO on Monday about a proposed intellectual property waiver on Covid-19 products such as vaccines, a Geneva trade official said, Reuters BSS.

Proposals to initiate text-based discussions on an IP waiver, rather than more general talks, gained traction at an informal meeting of the World Trade Organization’s Agreement on Trade-Related Aspects of IP Rights (TRIPS) council, the official said.

  Learn about the COVID-19 pandemic from News Hour  

The United States, China, Ukraine and New Zealand have thrown their weight behind the bid to waive certain TRIPS provisions relating to the medical prevention, containment or treatment tools needed to battle Covid-19, said the official.

However, some members “continued to express doubts about the convenience of starting negotiations and asked for more time” to analyze the proposal, the official said.

They included the European Union, Australia, Brazil, Britain, Japan, Norway, Singapore, South Korea, Switzerland and Taiwan.

Agreements at the WTO require the consensus backing of all 164 member states.

India and South Africa came forward with the original idea in October. They have submitted a revised proposal, which currently has the express support of 63 WTO members.

The new text which they and other backers have circulated says the waiver should apply not only to vaccines but to treatments, diagnostics, medical devices and protective equipment, along with the material and components needed to produce them.

It also says the waiver should last for “at least three years” from the date it takes effect, following which the WTO’s General Council should determine whether it should be prolonged.

Follow News Hour

Mridha Shihab Mahmud is a writer, content editor and photojournalist. He works as a staff reporter at News Hour. He is also involved in humanitarian works through a trust called Safety Assistance For Emergencies (SAFE). Mridha also works as film director. His passion is photography. He is the chief respondent person in Mymensingh Film & Photography Society. Besides professional attachment, he loves graphics designing, painting, digital art and social networking.
No Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Donate your zakat for the treatment of poor thalassemia patients
Join the mailing list of News Hour now

Translate this News

Join the Facebook Group

Click here to join the Facebook group of News Hour

Popular Posts

Climate Scientist Prof. Saleemul Huq Signs the Petition launched by 14-year-old Schoolgirl
"Youth have a tremendous role to play tackling climate crisis'' - Swedish Ambassador
Civil society organizations revitalized in Dhaka on immunization
SINGER prepares for Eid-ul-Adha with ultimate refrigeration experience
An open letter to the Prime Minister demanding 100% renewable energy
Digital financial service “Nagad”, to be introduced by Bangladesh Post Office


Contribute to News Hour

News of the Month

June 2021
Scroll Up
%d bloggers like this: