The right incentives for global vaccine access jordantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jordantimes.com Daily Mail and Mail on Sunday newspapers.
The writer is a former SAPM Health.
LIKE every crisis, the Covid-19 pandemic has also brought some opportunities, two in particular. First, it has spurred innovation. In relatively no time, experimental vaccines started queuing up. The mRNA-based vaccine was developed which is a watershed innovation. This is going to profoundly change the future of prevention and therapeutics. Regulatory pathways for emergency use authorisation for these vaccines have also worked well.
Second, on May 5, the US announced support for the Covid-19 TRIPS waiver. This is also a major development. The director general of WHO, Dr Tedros Ghebreyesus, has termed it as a “monumental moment in the fight against Covid-19” and “a powerful example of US leadership to address global health challenges”. It is indeed a paradigm shift in US trade policy which has always centred on intellectual property protection (IPP) ie time-limited monopoly on patents, trademarks, copyrights, industrial designs etc. The U
Over 100 Republican lawmakers write to US President Joe Biden against waiving COVID-19 vaccine IP protections
Congressman Earl L Carter, who along with Vern Buchanan led the move said that waiving the IP protections for the COVID-19 vaccines will be a disaster.
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WASHINGTON: Expressing concern over the US government s support for waiving some intellectual property (IP) protections related to the COVID-19 vaccines, more than 100 Republican lawmakers have urged President Joe Biden to rescind the move that they say would serve as a massive giveaway to countries like China, Russia and India.
Early this month, US Trade Representative (USTR) Katherine Tai announced to support the move of India and South Africa at the WTO to temporarily waive some Trade-Related Aspects of Intellectual Property Rights (TRIPS) rules amid the coronavirus pandemic.
It is time to step up EU-US cooperation on trade - Latvian Foreign Ministry s parliamentary secretary 2021-05-21
Photo: politico.com
RIGA - In Brussels on May 20, the Parliamentary Secretary of the Latvian Ministry of Foreign Affairs, Zanda Kalnina-Lukasevica took part in a EU Foreign Affairs Council meeting on trade policy issues, LETA learned from the ministry.
At the center of attention were EU-US trade relations and developments related to the World Trade Organization (WTO) including preparations for the Twelfth WTO Ministerial Conference (MC12).
In speaking with the US Trade Representative (USTR) Catherine Tai, the Parliamentary Secretary commended the positive dynamic developing between the EU and the US on trade issues and underlined the significance of transatlantic relations, while calling for cooperation which will be closer and more coordinated.
The decision to back a petition at the World Trade Organization (WTO) to “waive” intellectual property protections for COVID-19 vaccines will do nothing to speed up efforts to vaccinate the rest of the world.