Bangladesh has called for fair and balanced Intellectual Property Regime system to fight Covid-19 pandemic.
Ambassador Md Mustafizur Rahman, permanent representative of Bangladesh in Geneva, came up with the call at the 62nd series of the general assemblies of the World Intellectual Property Organisation (WIPO), according to a press release.
The general assemblies kicked off on Monday at the WIPO Headquarters in Geneva and would be concluded at the end of the week.
The ambassador said IPR system should not become a hindrance to respond effectively to the pandemic.
In his capacity as the coordinator of the Asia and the Pacific Group (APG) in WIPO, Ambassador Rahman also highlighted that a balanced IPR system is required to encourage and ensure the development of and equitable access to the medical tools – such as diagnostics, therapeutics, vaccines – to fight this global health crisis.
Underscoring the region’s great attachment to the intellectual property as an important contributor to socio-economic growth and technological development, he stressed for a fair and balanced IPR system to foster economic development in the Asia-Pacific region and beyond.
Bangladesh, in its national capacity, also urged for WIPO’s specific attention to help it identify its challenges and needs in terms of IP as well as prepare for the special situation after graduation from the LDC category in 2026, read the release.
