EU Adopts Modified TRIPS Agreement
TheEuropean Union on Monday at a meeting in
TheEuropean Union is "firmly committed to ensure that, in particular,least-developed countries have access to essential medicines at thelowest possible prices, in particular in their fight against HIV/AIDS,TB and malaria," E.U. foreign ministers said in a statement.
They addedthat health is an "essential component" of the United Nations Millennium Development Goalsand "one of the main priorities of the E.U. development policy." TheTRIPS agreement will be binding if two-thirds of the 151 WTO memberssign it. About 12 countries -- including India, Japan and the U.S. --had ratified the agreement ahead of the E.U. foreign ministers meeting,according to AFP/Nasdaq.com (AFP/Nasdaq.com, 11/19).
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