PM Modi asks EU, India and South Africa to support patent waiver on Covid vaccines India News

NEW DELHI: Prime Minister Narendra Modi “invited” the EU on Saturday to support India and South Africa’s proposal to waive patents for Covid-19 vaccines.
The Prime Minister practically attended the meeting of the European Council on Saturday, as a special invitation at the invitation of the President of the European Council, Charles Michel.
In October last year, India and South Africa, together with 57 WTO members, proposed a waiver of certain provisions of the TRIPS agreement (Trade-Related Aspects of Intellectual Property Rights) for the prevention, containment and treatment of COVID-19.

Our collaboration is important to stop the Covid-19 pandemic and ensure sustainable and inclusive recovery …

– Narendra Modi (@narendramodi) 1620488810000
The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is a comprehensive multilateral agreement on intellectual property.
The proposed easing of the norms of the agreement aims to ensure fast and affordable access to vaccines and medicines for developing countries.

I would like to thank the heads of state and government of the EU and its member states for their continued commitment to strengthening relations with I…

– Narendra Modi (@narendramodi) 1620488810000
India’s ongoing second wave of Covid-19, with the country registering more than three lakh cases for more than two weeks, has resulted in many, including Pope Francis, reverting to patents related to the Covid-19 vaccines have waived.
The reversal of United States policies in favor of foregoing intellectual property protection in Covid-19 vaccines has further increased pressure on the European Union to follow suit.
However, their leaders have so far refrained from supporting the proposal.
German Chancellor Angela Merkela said the Covid-19 patent-patent waver could “affect quality” and called on the US to export vaccines to other countries to address the global shortage.
“We do not believe in the short term that it is the miracle cure,” said EU Council President Charles Michel on the second day of an EU summit in Portugal. French President Emmanuel Macron insisted that priority should be given to the discussion of intellectual property rights now “is a false debate.”
(With agency entries)

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