On June 17, member countries of the World Trade Organization (WTO) wrapped up the Ministerial Conference’s twelfth outing (MC12) securing agreements on relaxing patent regulations to achieve global vaccine equity; ensuring food security, according subsidies to the fisheries sector and continuing moratoriums relevant to e-commerce, among others. Together they constitute what WTO’s Director-General Ngozi Okonjo-Iweala referred to as the “Geneva Package.” India saw some successes at the MC12 with respect to the above mentioned sectors. (Read More)
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