Talks to waive patents on Covid vaccines are ‘stuck’, WTO head warns

The head of the World Trade Organization has warned that intensified talks on the deregulation of Covid vaccines are “stuck” and that governments need to agree on a WTO cabinet meeting next week.

Ngozi Okonjo-Iweala told reporters Thursday: “If we have the feeling that there is nothing, then we all leave empty-handed.”

Progress could have been made in other areas including a partnership to reduce fishing subsidies, work on trade-offs to combat Covid and initiate negotiations to change the WTO alone, he said.

Last year India and South Africa came up with the idea of ​​abandoning IP protection including patents, copyrights and trade secrets on all drugs used to treat Covid, especially vaccines. The governments of rich countries including the EU, UK and Switzerland have opposed such a move, right The US has supported the legal abolition without giving too much of what he would accept.

The EU last week offered a new idea to make it easier for governments to ignore vaccination requirements, but trade officials agree it is highly unlikely to close the gap between India and South Africa.

“We are stuck on the road,” said Okonjo-Iweala. “We have tried many things by chance to make the conversation work. At one point it seemed to be going very well. But again, it stuck. “

Okonjo-Iweala recently traveled to India to discuss Delhi’s concerns over a number of WTO issues including fishing, which will be discussed next week. India wants people not to be allowed to restrict fishing restrictions.

He also said that although the talks with Narendra Modi, India’s Prime Minister, had been fruitful, he would not have won.

Officials from 164 WTO member states meet in Geneva next week for a regular cabinet meeting, which usually takes place every two years. The convention has been suspended since last year and the venue has moved from Kazakhstan to Switzerland due to the Covid epidemic.

While agents may be available on their own, the number of delegates has decreased to reduce the likelihood of Covid’s spread, reducing the likelihood of regular negotiations that have resulted in alliances in the past.

Okonjo-Iweala, a former Nigerian finance minister and second World Bank official, became head of the WTO in March. He has impressed the ambassadors and ministers with his zealous preaching, as well as the strong cooperation in vaccination and distribution.

On Thursday, he said that his plans to convene meetings of pharmaceutical companies, health professionals, governments and human rights activists have contributed to the global response to Covid. “WTO activities are not limited to the removal of IP,” he said. ‘Once you get the steering wheel but you don’t have the power to make it, you can’t use it. If you have creative skills but you don’t have the expertise, you can’t use them. ”

The Biden Administration, despite much better WTO reports than Donald Trump officials, they have continued to block the council’s controversies by refusing to name nominees for its appeal. These and other WTO changes will be pushed to the next ministry after the next meeting.

Original Article reposted fromSource link

Disclaimer: The website autopost contents from credible news sources and we are not the original creators. If we Have added some content that belongs to you or your organization by mistake, We are sorry for that. We apologize for that and assure you that this won’t be repeated in future. If you are the rightful owner of the content used in our Website, please mail us with your Name, Organization Name, Contact Details, Copyright infringing URL and Copyright Proof (URL or Legal Document) aT spacksdigital @

I assure you that, I will remove the infringing content Within 48 Hours.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Mogli Selected as the Face of Spotify’s Campaign Applauding Womxn Creatives

German artist Mogli has released his new video / song, “Ghost,” the third song from his upcoming album, RAVAGE, while also announcing his choice with Spotify as their face EQUAL Campaign. Mogli explains, “The ‘spirit’ is about the loss but it does not grieve the relationship and the grief that this relationship caused me. , […]

Read More

Climate Change May Make Hurricanes Hit Sooner and Last Longer

In their research, Garner and colleagues compared the origin of a hurricane, how it moved, and where it ended. Comparing the results from the old industrial era to the end of the 21st century, the study found that tropical storms could be 15 percent likely to start their lives near the southeastern coast of the […]

Read More

Frank Vogel future in question as Los Angeles Lakers owner Jeanie Buss refuses to commit to head coach | NBA News

Los Angeles Lakers president Jeanie Buss declined to comment when asked to comment on the future of head coach Frank Vogel. The comments made by the group’s leader did not offer any praise or criticism but a refusal to confirm his position is safe raises questions about Vogel’s long-term future. With the Los Angeles Lakers […]

Read More