<p>The World Trade Organisation (WTO) members must infuse some certainty during this crisis by agreeing to initiate text-based talks on the proposed patent waiver proposal to deal with the Covid-19 pandemic, India has said.</p>.<p>According to India's statement delivered at a TRIPS informal meeting held on May 31, the country has requested to find ways and means to commence text-based negotiations, even if few members continue with their repeated attempts to delay the process.</p>.<p>A proposal was submitted by 62 co-sponsors — including India, South Africa, and Indonesia — seeking patent waivers to manufacture Covid-19-related medical products.</p>.<p>In October 2020, India and South Africa had submitted the first proposal, suggesting a waiver on the implementation of certain provisions of the TRIPS Agreement in relation to the prevention, containment or treatment of Covid-19.</p>.<p><strong><a href="https://www.deccanherald.com/opinion/in-perspective/trips-waiver-on-covid-19-vaccines-need-of-the-hour-988209.html" target="_blank">Also Read | TRIPS waiver on Covid-19 vaccines need of the hour</a></strong></p>.<p>The agreement on Trade-Related Aspects of Intellectual Property Rights or TRIPS came into effect in January 1995. It is a multilateral agreement on intellectual property (IP) rights such as copyright, industrial designs, patents and protection of undisclosed information or trade secrets.</p>.<p>"The virus has not given us a timeout to go on endlessly discussing the need for or benefit of a waiver. We must rather infuse some certainty in these uncertain times by agreeing to start text-based negotiations on the waiver proposal," India said in the statement.</p>.<p>Not allowing text-based negotiations will do "more harm" to WTO's credibility and this collective failure will be remembered by posterity, according to the statement.</p>.<p>Several rounds of discussions on this proposal have taken place over the past months. The co-sponsors of the proposal have provided comprehensive responses, including written responses, to many of the concerns and questions raised by the members.</p>.<p><strong><a href="https://www.deccanherald.com/national/jaishankar-ustr-tai-discuss-wto-patent-waiver-for-covid-19-vaccines-drug-991095.html" target="_blank">Read | Jaishankar, USTR Tai discuss WTO patent waiver for Covid-19 vaccines, drug</a></strong></p>.<p>"There is no dearth of arguments, rationale and data provided to exhibit both the waiver's significance and its urgency," it added.</p>.<p>The TRIPS waiver is a necessary, proportionate and temporary legal measure for removing IP barriers and paving the way for more companies to produce Covid-19 vaccines, therapeutics or diagnostics by providing them with the freedom to operate without the fear of infringement of IP rights or the threat of litigation.</p>.<p>"We as cosponsors of the waiver proposal recognise that IPs are not the only barrier to augmenting manufacturing and addressing supply-side constraints. However, we do believe that IPs are the biggest barrier in addressing supply-side constraints, and thus need to be addressed on priority. The waiver is not sufficient, but rather a necessary element of a multipronged strategy," the statement said.</p>
<p>The World Trade Organisation (WTO) members must infuse some certainty during this crisis by agreeing to initiate text-based talks on the proposed patent waiver proposal to deal with the Covid-19 pandemic, India has said.</p>.<p>According to India's statement delivered at a TRIPS informal meeting held on May 31, the country has requested to find ways and means to commence text-based negotiations, even if few members continue with their repeated attempts to delay the process.</p>.<p>A proposal was submitted by 62 co-sponsors — including India, South Africa, and Indonesia — seeking patent waivers to manufacture Covid-19-related medical products.</p>.<p>In October 2020, India and South Africa had submitted the first proposal, suggesting a waiver on the implementation of certain provisions of the TRIPS Agreement in relation to the prevention, containment or treatment of Covid-19.</p>.<p><strong><a href="https://www.deccanherald.com/opinion/in-perspective/trips-waiver-on-covid-19-vaccines-need-of-the-hour-988209.html" target="_blank">Also Read | TRIPS waiver on Covid-19 vaccines need of the hour</a></strong></p>.<p>The agreement on Trade-Related Aspects of Intellectual Property Rights or TRIPS came into effect in January 1995. It is a multilateral agreement on intellectual property (IP) rights such as copyright, industrial designs, patents and protection of undisclosed information or trade secrets.</p>.<p>"The virus has not given us a timeout to go on endlessly discussing the need for or benefit of a waiver. We must rather infuse some certainty in these uncertain times by agreeing to start text-based negotiations on the waiver proposal," India said in the statement.</p>.<p>Not allowing text-based negotiations will do "more harm" to WTO's credibility and this collective failure will be remembered by posterity, according to the statement.</p>.<p>Several rounds of discussions on this proposal have taken place over the past months. The co-sponsors of the proposal have provided comprehensive responses, including written responses, to many of the concerns and questions raised by the members.</p>.<p><strong><a href="https://www.deccanherald.com/national/jaishankar-ustr-tai-discuss-wto-patent-waiver-for-covid-19-vaccines-drug-991095.html" target="_blank">Read | Jaishankar, USTR Tai discuss WTO patent waiver for Covid-19 vaccines, drug</a></strong></p>.<p>"There is no dearth of arguments, rationale and data provided to exhibit both the waiver's significance and its urgency," it added.</p>.<p>The TRIPS waiver is a necessary, proportionate and temporary legal measure for removing IP barriers and paving the way for more companies to produce Covid-19 vaccines, therapeutics or diagnostics by providing them with the freedom to operate without the fear of infringement of IP rights or the threat of litigation.</p>.<p>"We as cosponsors of the waiver proposal recognise that IPs are not the only barrier to augmenting manufacturing and addressing supply-side constraints. However, we do believe that IPs are the biggest barrier in addressing supply-side constraints, and thus need to be addressed on priority. The waiver is not sufficient, but rather a necessary element of a multipronged strategy," the statement said.</p>