New Delhi: Prime Minister Narendra Modi on Saturday asked EU leaders to support the Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver to COVID-19 vaccines at the World Trade Organisation (WTO) to remove hurdles in ramping up vaccine production.
India and South Africa had proposed a TRIPS waiver at the WTO last year, and recently US President Joe Biden-led administration had lent support to the waiver. The EU however has not taken a position and does not see it as a "magic solution".
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President of the EU Council Charles Michel said, "In the EU, we have debates about intellectual rights and vaccines....there are different feelings that were expressed around the room but we are ready to support any effort which can lead to increase in vaccine production, vaccine delivery. Nevertheless, in the short term, many of us think that this may not be the magic solution, that is why we want to keep a close eye and keep on discussing it."
"We should also have a close look at the issue of licensing, these are important topics to discuss but we should be aware of the facts that these are topics of long term.... these are not topics of short and medium-term. We should not lose sight of the main urgency now which is ramping up the vaccine production as quickly as possible and ensuring they are fairly distributed," President of European Commission Ursula von der Leyen said.
Meanwhile, India which is in the middle of a deadly second wave of COVID believes EU support for the waiver will play a big role in ramping up vaccine production and will keep a watch on the evolving view of the European Union.
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