Issue of Patent Waiver will be discussed at TRIPS

The Agreement on TRIPS (Trade-Related Aspects of Intellectual Property Rights) will go to discuss the latest proposal submitted by its member countries like India, South Africa, Indonesia, etc. The motive of these countries to get a patent waiver in manufacturing COVID-related medical equipment. In October 2020 India & South Africa were the first two countries that submitted the patent waiver proposal in WTO (World Trade Organization) about the regulation of the TRIPS agreement.