Cambodian People’s Statement on the EU-India Free Trade Agreement on Generic Drugs
infojustice 2013-04-09
Summary:
We have been informed about the repeated attempt of the EU to include Intellectual Property Rights provisions that are very likely to undermine the stable supply of affordable life-saving medicines to poorer parts of the world. It is extremely worrisome that, despite assurance made by the Indian government regarding its determination not to include any measures hampering the production and provision of affordable generic medicines, the EU continues to put pressure on the Indian counterpart to accept Data Exclusivity, Intellectual Property Enforcement Measures and Investment Rules, all of which are designed to protect the interests of European pharmaceutical giants by curbing the availability of generic medicines cheaply produced in India. It is apparent that these provisions aim to secure bigger profits for large European pharmaceutical corporations and discourage production of cheap generic medicines in India, which have been saving millions of lives across the world.