Regional Comprehensive Economic Partnership (RCEP)

India warned against pitfalls in ASEAN trade agreement

  1. Context: Issue of pharma IPRs in ongoing Regional Comprehensive Economic Partnership (RCEP) negotiations
  2. Médecins Sans Frontières (MSF) has warned India that it will no more remain ‘the pharmacy of the developing world’ if the proposals in the pact are adopted
  3. MSF Access Campaign and other civil society organisations are pushing for the removal of harmful intellectual property provisions
  4. Such provisions could potentially increase drug costs by creating new monopolies and delaying the entry of affordable generics in the market
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