BRICS Finance Ministers backs India-South Africa vaccine waiver

New Delhi: In a significant step forward, the BRICS grouping comprising of Brazil, Russia, India, China, and South Africa have backed the India-South Africa joint proposal for COVID vaccine wavier at the World Trade Organisation or WTO. The grouping decided to back the proposal at the BRICS Foreign ministers virtual meet that was held under the […]

Republican lawmakers ask President Biden not to support India’s proposal at WTO amid COVID-19 pandemic

Washington: Twelve Republican lawmakers have urged the Biden administration to not support a proposal by India and South Africa before the World Trade Organisation to temporarily waive some Trade-Related Aspects of Intellectual Property Rights (TRIPS) rules amid the coronavirus pandemic. If the US gives up intellectual property rights, it will harm innovation and production, and […]