By Shalini Bhutani | Commentary | March 23, 2021
The European Union (EU) is keen to enter into a trade agreement with India. EU was formed in 1993, and India was amongst the first countries to establish ties with this political and economic group. A cooperation agreement was signed between them in 1994. A decade later, in 2004, the relationship was upgraded to a ‘Strategic Partnership.’ The 2005 Joint Action Plan that followed committed both sides to develop trade and investment. Ever since then, both sides have been…
By Biswajit Dhar | Briefing Paper # 45 | March 8, 2021
In October 2020, India and South Africa had made a joint proposal to the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) of the World Trade Organization (WTO) seeking a temporary waiver of the obligations of Members to implement or apply four forms of intellectual property rights (IPRs) for the prevention, containment, or treatment of COVID-19.
The ostensible rationale behind the proposal was to free COVID-related medicines, vaccines, and medical products from the encumbrances of IPRs, which would allow…
By Kavaljit Singh | Commentary | March 5, 2021
On March 1, Ngozi Okonjo-Iweala took over as Director-General of the World Trade Organization. She is the first woman and the first African to serve as the Director-General of the WTO. These are indeed remarkable achievements that need to be noticed and celebrated. As she holds dual Nigerian and US citizenship, Okonjo-Iweala is also the first American to hold this position.
Addressing the WTO General Council immediately after taking office, Okonjo-Iweala outlined numerous challenges faced by the WTO in the…