Open AccessExamining the Effect of Export Restrictions on Medical Products under WTO during Covid-19 Pandemic
Author(s) -
Anand Kumar Singh
Publication year - 2021
Publication title -
qubahan academic journal
Language(s) - English
Resource type - Journals
ISSN - 2709-8206
DOI - 10.48161/qaj.v1n3a71
Subject(s) - principle of legality , livelihood , protectionism , economic shortage , covid-19 , pandemic , extant taxon , business , international trade , development economics , international economics , economic policy , economics , agriculture , political science , government (linguistics) , law , medicine , linguistics , philosophy , disease , pathology , evolutionary biology , infectious disease (medical specialty) , biology , ecology
Export of medical instruments in midst of life-threatening pandemic crisis has increased significantly. However, the urgent supply of medical products faces the challenge of unprecedented protectionist restrictions introduced by several developed nations. These restrictions, introduced to avoid shortage of medical products in domestic market of such exporting countries, threaten the lives and livelihood of million others in immediate and urgent need of goods. The article examines the legality and effect of these restrictions under the extant WTO framework. Lastly, the article also highlights the necessity of international cooperation between nations to overcome partisan policies of self-interest and the imporatnce of collective efforts in this fight against a common threat.