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Believes scaling up production is the fastest way to bring an end to the crisis.
By Eric Martin, BloombergÂ
7 May 2021 06:58
Image: Bloomberg
The International Monetary Fund sees strong economic arguments for removing barriers to vaccine production and distribution, while cautioning that a waiver on intellectual-property protections must be accompanied by other measures.
Scaling up production is the fastest way to bring an end to the crisis, Managing Director Kristalina Georgieva said on Thursday in a European University Institute online event, responding to a question on the USâs support and Germanyâs opposition to the waiver. Still, a temporary suspension for rules at the World Trade Organization must be paired with both a transparent process for allocating doses and anti-counterfeiting measures, she said.
negotiating indirectly
via European diplomats.
Britain, France, Germany, Russia and China are also involved in the talks aimed at reviving the deal
the US abandoned under former president Donald Trump in 2018.
Russia’s delegate in Vienna, Mikhail Ulyanov, voiced optimism over Friday’s talks and suggested they could be the final round of negotiations. The participants agreed on the need to intensify the process, he said. The delegations seem to be ready to stay in Vienna as long as necessary to achieve the goal.
The Joint Commission of #JCPOA at its meeting today opened a new round of the talks on full restoration of the nuclear deal. The participants agreed on the need to intensify the process. The delegations seem to be ready to stay in Vienna as long as necessary to achieve the goal. Mikhail Ulyanov (@Amb Ulyanov)
U S support for COVID-19 vaccine patent waivers will push talks on issue, WTO chief says theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.