Legal consequences of the decision of the WTO Ministerial Conference on the TRIPS agreement

Authors

DOI:

https://doi.org/10.31617/3.2023(129)05

Keywords:

WTO, Decision of the WTO Ministerial Conference, TRIPS Agreement, WTO Dispute Settlement Body, COVID-19.

Abstract

The study provides such an assessment of the Decision of the WTO Ministerial Conference on the TRIPS Agreement of June 17, 2022 in terms of the consequences for the application and interpre­tation of the TRIPS Agreement, the application of its provisions in emergency situations, and the impact on overcoming the COVID-19 pandemic. In order to formulate such an assessment, a theoretical and legal analysis of the provisions of the TRIPS Agreement on the protection of rights to vaccines, pharmaceuticals, as well as an analysis of the envisaged possibilities of exemption from obligations, compulsory licensing, was carried out, the legal nature of the concept of "exemption from WTO obligations" was determined, in particular by analysing the documents of the WTO Dispute Settlement Body. The study also contains a detailed analysis of the key provisions of the WTO Ministerial Agreement Decision of June 17, 2022. It is concluded that, despite the fact that the Decision generally preserves the status quo in the legal regime of the TRIPS Agreement, it can be considered as a step towards improving the flexibility in patent protection provisions, as well as compulsory licensing mechanisms.

Author Biographies

Olha KORENIUK, State University of Trade and Economics

PhD (Law), Associate Professor at the Department of International, Civil and Commercial Law

Viktor MYKHAILOVSKYI, State University of Trade and Economics

PhD (Law), Associate Professor at the Department of International, Civil and Commercial Law

References

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Published

2023-09-03

How to Cite

[1]
KORENIUK О. and MYKHAILOVSKYI В. 2023. Legal consequences of the decision of the WTO Ministerial Conference on the TRIPS agreement. Foreign trade: economics, finance, law. 129, 4 (Sep. 2023), 51–61. DOI:https://doi.org/10.31617/3.2023(129)05.

Issue

Section

INTERNATIONAL LAW