KEI comment on WTO decision to extend TRIPS deadline for LDCs to July 1, 2021
The WTO TRIPS Council has just approved an extension of TRIPS Obligations for Least Developed Countries until July 1, 2021, a new eight year extension. The new extension comes with some restrictions, but provides more freedom than the previous extension, which had a widely criticized and now eliminated “no rollback” clause. The decision stops well short of what the LDCs had proposed.