Connect with us

Hi, what are you looking for?


IP waiver for COVID goods seen affecting trade deals

THE INTELLECTUAL property (IP) regulator urged caution on proposals to suspend some IP protections in the case of goods needed to contain the pandemic as such a move may affect global trade agreements.

The so-called “TRIPS waiver” would suspend enforcement of parts of the TRIPS agreement, an IP treaty with the World Trade Organization (WTO), to expand access to COVID-19 vaccines, treatments, and diagnostic tools.

TRIPS is more formally known as the Agreement on Trade-Related Aspects of Intellectual Property Rights.

Public health advocate Coalition for People’s Right to Health is asking the government to pursue a waiver.

“Of course, the waiver will have implications on the Philippines’ obligations under international trade agreements, particularly those with IP chapters,” Intellectual Property Office of the Philippines (IPOPHL) Bureau of Patents Director Lolibeth R. Medrano said in an event Saturday.

The Philippines has signed the Regional Comprehensive Economic Partnership (RCEP), a trade pact that includes China, Australia, New Zealand, Japan, South Korea and all 10 member countries of the Association of Southeast Asian Nations. The deal covers intellectual property, e-commerce, small business, and competition.

RCEP, along with a Philippine deal with the European Free Trade Association, has provisions that are based on TRIPS, Ms. Medrano said.

IPOPHL and government agencies that deal with health and trade are part of a technical committee that is holding consultations to form a national position on the waiver, she said.

Faced with the developments, the country continues to participate in the discussions at the regional and WTO (levels).”

Legislation will also be needed for a TRIPS waiver, Ms. Medrano said.

“Still, we need a municipal law to have that effective in our jurisdiction. We’re studying actually the implications of the waiver — if it’s approved — to the IP Code provisions.”

The waiver could have implications on IP Code provisions on copyright, patents, and industrial design, potentially prompting amendments to the IP code or a law that would suspend the application of the relevant provisions.

As the Philippines continues to monitor and participate in WTO discussions, she said the government is working on the development of the pharmaceutical industry, specifically vaccine production.

“Current vaccine production capacity is just limited to fill and finish facilities, meaning these are just repacking vaccines in vials. So hopefully this would lead to full-fledged vaccine development facilities.” — Jenina P. Ibañez 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



Lowering VAT charges on fuel may be politically attractive but is not good news for those who will struggle the most, say leading tax...


An estimated 3 per cent of the workforce was signed off in late December and a fifth of businesses reported increased cancellations amid the...


Mark Zuckerberg could be forced to pay most British Facebook users about £50 each if a landmark legal action alleging that the site abused...


France has reopened its borders to British tourists after ministers in Paris eased restrictions on non-essential travel. From this morning, Britons travelling to the...


People struck down with the Omicron variant of the coronavirus are buying so much paracetamol that supplies are running low in many shops. Official...


Covid Passports are to be abandoned within days after Sajid Javid effectively killed off the policy. The health secretary has concluded that Covid-19 certification...

You May Also Like


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...


As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.