Statement by Shri Piyush Goyal during the WTO 12th Ministerial Conference at the meeting with co-sponsors of TRIPS Waiver

Statement by Shri Piyush Goyal during the WTO 12th Ministerial Conference at the meeting with co-sponsors of TRIPS Waiver https://www.taxtmi.com/news?id=25510 The statement argues the proposed TRIPS waiver is mainly symbolic and structurally similar to enhanced compulsory licensing, with restrictive terms and a finite timeframe that will deter investors and prevent the establishment of new vaccine manufacturing capacity; it further warns that therapeutics and diagnostics are being excluded from near term relief and calls for a holistic solution covering all three categories. en-us Wed, 15 Jun 2022 10:01:17 +0530 Wed, 15 Jun 2022 10:01:17 +0530 TaxTMI RSS Generator Statement by Shri Piyush Goyal during the WTO 12th Ministerial Conference at the meeting with co-sponsors of TRIPS Waiver https://www.taxtmi.com/news?id=25510 The statement argues the proposed TRIPS waiver is mainly symbolic and structurally similar to enhanced compulsory licensing, with restrictive terms and a finite timeframe that will deter investors and prevent the establishment of new vaccine manufacturing capacity; it further warns that therapeutics and diagnostics are being excluded from near term relief and calls for a holistic solution covering all three categories. News - Wed, 15 Jun 2022 10:01:17 +0530 https://www.taxtmi.com/news?id=25510