27 January 2022

The WTO TRIPS Waiver-Status and Implications

The World Trade Organization’s (WTO) TRIPS waiver was proposed back in October 2020 but stalled due to largely developing nations signing up to sponsor the waiver, as many developed nations opposed.

In May this year two of the countries who lead the world in terms of IP ownership and development crossed the picket line to announce their support of the waiver: first China, then the US. But would this proposal solve the purported problem? What consequences would it have for IP in a broader sense? And do the potential dangers of the move outweigh any benefits?

Join us as we unpack:

  1. The current status of the WTO TRIPS waiver
  2. The purported effect on vaccine production, especially in developing nations
  3. The wider implications, if the waiver comes into effect
  4. Possible alternatives to increase vaccine production and distribution worldwide

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