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Page 14 - வர்த்தகம் தொடர்புடையது அம்சங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

WTO fails anew to agree Covid jab IP waiver proposal

WTO fails anew to agree Covid jab IP waiver proposal WTO countries failed anew Tuesday to agree to a proposal to suspend IP rights on Covid-19 vaccines in order to boost production and fill a void in poor nations. In this May 6, 2021, file photo syringes with the Pfizer vaccine against Covid-19 disease are ready at a new vaccination center in Paris.(AP Photo/Michel Euler, File) (AFP) World Trade Organization countries failed anew Tuesday to agree to a proposal to suspend intellectual property rights on Covid-19 vaccines in order to boost production and fill a void in poor nations. WTO states held talks at the global body s headquarters in Geneva but could not reach a consensus, WTO spokesman Keith Rockwell told reporters following nine months of discussions on what he called a very emotional issue.

A few member countries ensured deadline on Covid-19 vaccine IP waiver talks was missed: India to WTO

Synopsis At an informal meeting of heads of delegations last week, New Delhi said some members failed to engage in the text-based negotiation and also raised the issue of selective interpretation of rules and procedures during the negotiations. Agencies Mounting an indirect attack on the developed countries, India has said at the World Trade Organisation that few members ensured that the July-end deadline to reach the necessary breakthrough on a crucial intellectual property rights waiver aimed to combat the Covid-19 pandemic is missed. At an informal meeting of heads of delegations last week, New Delhi said some members failed to engage in the text-based negotiation and also raised the issue of selective interpretation of rules and procedures during the negotiations.

WTO fails to agree to medical waiver that could unlock Covid-19 vaccine supply

(Photo by Sharon Seretlo/Gallo Images via Getty Images) SA and India have been pushing for a temporary waiver of some IP rights on vaccines and other treatments, which could allow local manufacturers to produce the shots. The WTO on Tuesday failed anew to agree to the proposal.  India and South Africa can count on the backing of several dozen countries, including notably the United States and China. World Trade Organization countries failed anew on Tuesday to agree a proposal to suspend intellectual property rights on Covid-19 vaccines in order to boost production and fill a void in poor nations.

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