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India, South Africa IP waiver proposal got tremendous mileage at WTO

India and South Africa had submitted a joint proposal for waiving some sections of the TRIPS agreement

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BS Reporter
India and South Africa’s proposal for a temporary waiver on some sections of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement has achieved ‘tremendous mileage and progression’ at the World Trade Organization (WTO), with member countries agreeing on starting text-based negotiations, com­merce secretary Anup Wadhawan said on Thursday.
 
“That is a positive development...Now the parties at the WTO have agreed to do text based negotiations. That's a way forward, which means that countries broadly in principle have accepted the objective behind the waiver proposal. To give effect to the objective, they will have text-based negotiations,” Wadhawan told reporters.