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WTO approves access to generic drugs to poor nations

06 December, 2005

World Trade Organization members have given approval to the accessibility of cheaper generic versions of medicines for communicable diseases like AIDS to developing countries. It‘ll help these countries to overcome these dreadful ailments. The changes to the WTO's intellectual property agreement would make permanent a waiver currently in place and allow poor countries without their own pharmaceutical manufacturing capacities to import cheaper copies of patented medicines for humanitarian purposes.

The members are determined to ensure that the WTO's trading system contributes to humanitarian and development goals as they prepare for the Hong Kong ministerial conference. The meeting is supposed to set up a conclusion to the current Doha round of trade talks, which aims to cut trade barriers across a wide range of sectors and is supposed to address the needs of developing countries.

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To read more, visit:
http://www.washingtonpost.com/wp-dyn/content/article/2005/12/06/AR2005120600678.html


 


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