The Union Commerce and Industry Minister Piyush Goyal has called upon the global community to ensure timely and equitable availability of vaccines and medicines for COVID-19, in sufficient quantities and affordable prices.In his intervention at the virtual informal meeting of WTO Ministers held on Tuesday, he said that India and South Africa have proposed TRIPS waiver to address the challenges that countries with limited manufacturing capacity will face, in accessing these medical supplies. He called upon all Members to support the proposal, in order to have a decision on it by Ministerial Conference 12 (MC), if not earlier.Goyal said that the Covid-19 pandemic has brought out the inherent weaknesses and inequalities in the global economic & trading system. "The need of the hour is to take effective measures to address the immediate challenges, and also prepare a long-term roadmap on how to reform an ailing and imbalanced global trading system," he said.Goyal said that India ...
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