Serum Institute says while patent waivers for Covid-19 vaccines are 'encouraging', demand for vaccines today is declining
At one stage, a series of demands from India appeared set to paralyse talks but accommodations were found, trade sources said
The members of the World Trade Organization (WTO), for the first time in a decade, finalised a historic deal at 12th Ministerial Conference (MC12). Read more in our top headlines
The four-day meeting was extended by a day
Negotiations on fisheries are going on and members are quite close to a deal with carve-outs for India and other developing countries, said an Indian trade negotiator on condition of anonymity
India reiterated Commerce Minister Piyush Goyal's view that any WTO vaccine agreement must also waive IP rights for Covid-19 diagnostic tests and therapeutic drugs, according to the readout
Special provisions provided to developing nations in all the agreements of the World Trade Organisation (WTO) through special and differential treatment are the non-negotiable matter for the emerging economies and they should be continued, commerce and industry minister Piyush Goyal said on Wednesday here. The gaps between the developing and developed members have not yet narrowed down in decades but in fact have widened in many areas. And because of that S&DT (Special and Differential Treatment) provisions continue to be relevant," he said. "S&DT is a treaty-embedded and non-negotiable right for all developing members," he added. The minister was speaking in the thematic session on WTO reform. As part of the proposed WTO reforms, developed countries are saying that developing countries are bypassing rules in the name of self-proclaimed development status in the WTO. On the other hand, developing nations, including India, are demandeurs for special and differential ...
WTO DG Ngozi Okonjo-Iweala told the more than 100 ministers present that time was running out and that they should "go the extra mile" to converge on the full range of issues
Piyush Goyal told a meeting of delegates Tuesday that it would not bend on demands for extensive exceptions on a 20-year negotiation to curb harmful government fishery subsidies
India strongly pitched to the WTO members for finding a permanent solution to the issue of public stock holding of grains, stating that one cannot tread the path of trade on an empty stomach
India wants to protect subsidies of several million low-income, poor traditional fishermen as it is a matter of livelihood for them
India proposes that we carve out an exemption for govt-to-govt purchases between countries so that we can support countries in distress, particularly during some humanitarian crisis, said Goyal
WTO members sought to forge agreements on food security to ease strained supply and sharply higher prices that the war in Ukraine have worsened with only India, Egypt and Sri Lanka withholding support
The grouping met on the sidelines of the 12th Ministerial Conference of the World Trade Organization (WTO) on Sunday.
Twenty months ago, India and South Africa had urged WTO member nations to agree to temporarily waive some sections of TRIPS to ramp up production of vaccines, and diagnostics to combat Covid
The WTO chief acknowledged that the global trade body needs reform, adding that the road will be bumpy and rocky and 'there may be a few landmines'
Commerce Minister Piyush Goyal cornered WTO for failing to protect the health of the people of poor nations during Covid-19 pandemic
Members of the fishing community from several coastal areas of India protested against the WTO proposal to curb fishery subsidies as it was not responsive to the demands of the developing nations
Seeks a permanent solution to the issue of public stockholding for food security
The minister was speaking at the G-33 Ministerial Meeting on the sidelines of the 12th WTO Ministerial Conference at Geneva