Economy News
India calls for IPR waiver in WTO, dismantling trade barriers in global fight against pandemic

Commerce and Industry MInister Piyush Goyal on Tuesday called for waiver of Intellectual Property Rights (IPR) in World Trade Organisation (WTO) and dismantling new trade barriers in the global fight against the COVID-19 pandemic. In October 2020, India and South Africa had submitted the first proposal, suggesting a waiver for all WTO members on the implementation of certain provisions of the Trade-Related Aspects of Intellectual Property Rights (TRIPs) Agreement in relation to the prevention, containment or treatment of COVID-19.

News Source:- https://www.financialexpress.com/economy/india-calls-for-ipr-waiver-in-wto-dismantling-trade-barriers-in-global-fight-against-pandemic/2348788/