[ TRADE & MARKET ] 2020-11-30
 
WTO members urged to support TRIPS corona waiver proposal
 
Industrial Global Union has called upon the members of World Trade Organization (WTO) to support its TRIPS corona waiver proposal and ensure affordable access to medicines.

Due to Covid-19 pandemic, it said many countries are facing shortages of medical products and access to diagnostics, testing and treatment.

To overcome these challenges, in particular those caused by the WTO's Trade Related aspects of Intellectual Property Rights (TRIPS), the Union said India and South Africa have proposed a waiver of certain provisions for the prevention, containment and treatment of Covid-19.

The global rights group in a statement on November 25 said the pandemic has deeply affected the world of work, with millions of workers losing their jobs.

The production, distribution and consumption of goods and services, and associated economic activities, are faced with unprecedented disruption and an uncertain future.

As the global economy slips into recession, going beyond a health crisis, the pandemic has challenged the fundamentals of the world's social, political and economic security, it added.

Access to affordable medicines, tools, vaccines, diagnostics and treatment for Covid-19 is paramount for a recovery from the crisis.

"No one should be left behind and no one is safe until everyone is protected," it said, adding that since the start of the pandemic, there have been calls for coordinated efforts for the production of medical products, sharing technology and ensuring access to affordable treatments.

The waiver proposal underlined that "Intellectual property rights including patents, industrial designs, copyright and protection of undisclosed information do not create barriers to the timely access to affordable medical products including vaccines and medicines or to scaling-up of research, development, manufacturing and supply of medical products essential to combat Covid-19."

The statement also added that the World Health Organization (WHO) has welcomed these proposals.

The waiver from the rules are important as existing flexibilities within TRIPS agreement have limitations and countries which do not have manufacturing capacity need to follow cumbersome procedures to import medical products, limiting their ability to save those in dire needs.

"Working people around the world need rapid access to affordable medical products and governments need to collaborate and act swiftly to ensure access and stop avoidable deaths," Industriall general secretary Valter Sanches said.
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