India Joins 80 Other Countries to Take on EU for Export Curbs on Covid-19 Vaccine

·1-min read

India on Friday joined the list of 80 countries to criticise the European Union for its recent decision to curb export on Covid-19 vaccines.

The issue came up at a meeting on intellectual property rights at the World Trade Organization (WTO) in which the developed countries again refused to support a joint proposal by India and South Africa for a temporary waiver in global IPR rules to ensure an uninterrupted flow of medicines, vaccines and medical equipment among countries amid the ongoing pandemic.

The EU has introduced export controls on Covid-19 vaccines made in the region under a transparency mechanism that gives its member countries powers to deny vaccine exports if the company making them has not honoured its existing contracts with the bloc.

At the WTO, members who support the waiver proposal, have termed the current vaccine famine an artificial one that has emerged from the quest to perpetuate monopoly power using IP, especially trade secrets.

Terming the European Union’s measure as alarming, some developing and least developed countries said that opposition to the IP waiver is by those who have secretly bought up their way to available production and continue to collude with pharmaceutical companies under the veil of secrecy, according to a Geneva-based official.

India and South Africa have said that text-based discussions would allow manufacturers and governments to have greater freedom to operate so as to leverage the global capacity that already exists. Their joint proposal is co-sponsored by Kenya, Eswatini, Pakistan, Mozambique and Bolivia.