As per reports India and South Africa proposed in WTO on 2nd Oct 2020 a relaxation in norms of the agreement on TRIPS.
To ensure quick and affordable access to vaccines and medicines for developing countries as per reports Ministry of Commerce and Industry.
According to Ministry of Commerce and Industry during his recent phone call on 26 April 2021 with the US President Biden, Prime Minister informed him about India’s initiative at the WTO.
This initiative was aimed at the benefit of humanity as per Ministry of Commerce and Industry.
We welcome the statement of the US govt announcing their support for this initiative.
We are hopeful that with a consensus-based approach, the waiver can be approved quickly at WTO as per Ministry of Commerce and Industry.
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