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Vaccine patent waiver will not be enough - WTO chief

By Philip Blenkinsop BRUSSELS (Reuters) - Waiving intellectual property rights for COVID-19 vaccines will not be enough to narrow the huge supply gap between rich and poor countries, the head of the World Trade Organization said on Thursday. South Africa and India have urged fellow WTO members to waive IP rights on vaccines to boost production. Poorer countries that make up half the world s population have received just 17% of doses, a situation the World Health Organization head has labelled vaccine apartheid . U.S. President Joe Biden said last week he supported the waiver idea, but the European Union and other developed country opponents said it will not increase output. Speaking to the European Parliament on Thursday, WTO director-general Ngozi Okonjo-Iweala said it was clear that an IP waiver alone would not be enough. To have solved the unacceptable problem of inequity of access to vaccines, we have to be holistic. It s not one or the other, she said, adding this could not drag o ....

South Africa , Bruxelles Capitale , Giles Elgood , Philip Blenkinsop , Joe Biden , Ngozi Okonjo Iweala , World Health Organization , European Commission , World Trade Organization , European Parliament On , European Union , Biolyse Pharma Corp , European Parliament , International Economic Institution , International Foreign Trade , Litigation And Regulation , Health Organisations , ப்ரூக்ஸெல்ஸ் தலைநகரம் , ஓஹோ பிடென் , உலகம் ஆரோக்கியம் ஆர்கநைஸேஶந் , ஐரோப்பிய தரகு , உலகம் வர்த்தகம் ஆர்கநைஸேஶந் , ஐரோப்பிய பாராளுமன்றம் ஆன் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய பாராளுமன்றம் , சர்வதேச பொருளாதார நிறுவனம் ,

Iran's Rouhani says U.S. will lift sanctions, as another official denies it

DUBAI (Reuters) - Iran s president said on Thursday that the United States was ready to lift sanctions on his country s oil, banking and shipping sectors that were reimposed after former U.S. President Donald Trump exited a 2015 nuclear deal three years ago. Iran and world powers have been in talks since April on reviving the deal and the EU official leading the discussions said on Wednesday he was confident a deal would be reached. But European diplomats said success was not guaranteed and very difficult issues remained, while a senior Iranian official contradicted the president. The talks in Vienna are about minor issues. They have accepted to lift sanctions on Iran s oil and shipping sectors as well as sanctions on the Central Bank and others, President Hassan Rouhani said during a televised cabinet meeting. Rouhani was speaking a few weeks ahead of Iran s presidential election, in which the revival of the nuclear accord could boost moderate candidates close to him. Trump withdrew f ....

United States , United Arab Emirates , Hassan Rouhani , Donald Trump , Giles Elgood , Abbas Araqchi , Parisa Hafezi , Central Bank , Nuclear Power , International Foreign Trade , Nuclear Weapons , National Elections , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஹாசன் ரூஹானி , டொனால்ட் துருப்பு , மைய வங்கி , அணு பவர் , சர்வதேச வெளிநாட்டு வர்த்தகம் , அணு ஆயுதங்கள் , தேசிய தேர்தல்கள் ,

EU, U.S. say they can partner to hold China to account on 'trade-distorting policies'

EU, U.S. say they can partner to hold China to account on trade-distorting policies
FILE PHOTO: U.S. and European Union flags are pictured in Brussels, Belgium February 20, 2017. REUTERS/Francois Lenoir reuters tickers
This content was published on May 17, 2021 - 11:42
May 17, 2021 - 11:42
(Reuters) - The United States and the European Union issued a joint statement on Monday saying that they can partner to hold countries like China that support trade-distorting policies to account .
The statement was issued by the United States Trade Representative Katherine Tai, U.S. Secretary of Commerce Gina Raimondo, and European Commission Executive Vice President Valdis Dombrovskis. ....

United States , Toby Chopra , Gina Raimondo , Katherine Tai , Kanishka Singh , Aakriti Bhalla , Valdis Dombrovskis , European Union , European Commission Executive Vice , United States Trade Representative Katherine Tai , Commerce Gina Raimondo , Financial And Business Service , International Foreign Trade , Iron And Steel , Non Ferrous Metal , Company Information , Global Warming , National Security , International Organisation , ஒன்றுபட்டது மாநிலங்களில் , டோபி சோப்ரா , ஜினா ரேமாஂடொ , க்யாதரிந் தை , கணிஷிக் சிங் , ஆக்ரீதி பல்லா , ஐரோப்பிய தொழிற்சங்கம் ,

EU agrees partial truce with U.S. over Trump tariffs

EU agrees partial truce with U.S. over Trump tariffs
FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman reuters tickers
This content was published on May 17, 2021 - 13:00
May 17, 2021 - 13:00
By Philip Blenkinsop
BRUSSELS (Reuters) - The European Union has agreed to a partial truce with the United States in a dispute over metal tariffs imposed by former president Donald Trump and to start discussions on global overcapacity and China s trade-distorting policies.
The European Commission, which oversees EU trade policy, said on Monday it would suspend a planned hike of retaliatory tariffs for up to six months. These would have added U.S. products from lipstick to sports shoes and doubled to 50% duties on U.S. bourbon whiskey, motorbikes and motor boats on June 1. ....

United States , Bruxelles Capitale , Donald Trump , Giles Elgood , Philip Blenkinsop , Philip Blenkinsop Editing , John Chalmers , European Union , International Economic Institution , International Foreign Trade , Trade Policy , Iron And Steel , Non Ferrous Metal , ஒன்றுபட்டது மாநிலங்களில் , ப்ரூக்ஸெல்ஸ் தலைநகரம் , டொனால்ட் துருப்பு , ஜான் சால்மர்ஸ் , ஐரோப்பிய தொழிற்சங்கம் , சர்வதேச பொருளாதார நிறுவனம் , சர்வதேச வெளிநாட்டு வர்த்தகம் , வர்த்தகம் பாலிஸீ , இரும்பு மற்றும் எஃகு , அல்லாத இரும்பு உலோகம் ,

Taiwan approves three referendums with pork, energy at top of list

Taiwan approves three referendums with pork, energy at top of list
This content was published on May 14, 2021 - 09:47
May 14, 2021 - 09:47
TAIPEI (Reuters) - Taiwan s election commission approved on Friday the holding of three referendums in late August that could affect both the island s relations with the United States and its energy security if they are passed.
Referendums have increasingly been used to resolve contentious issues such as same-sex marriage, though they need a turnout of at least 25% of some 19 million eligible voters to be valid, with a majority voting yes to get passed.
The Central Election Commission has deliberated on, and approved, three referendums, it said in a statement. ....

T Ai Pei , United States , Ben Blanchard , European Union , Central Election Commission , Major Taiwan , Law And Order , Livestock Farming , Energy And Resource , Oil And Gas Downstream Activities , Nuclear Power , Natural Gas , International Foreign Trade , Litigation And Regulation , National Security , டி ஐ பேய் , ஒன்றுபட்டது மாநிலங்களில் , பென் பிளான்சார்ட் , ஐரோப்பிய தொழிற்சங்கம் , மைய தேர்தல் தரகு , முக்கிய டைவாந் , சட்டம் மற்றும் ஆர்டர் , கால்நடைகள் விவசாயம் , ஆற்றல் மற்றும் வள , எண்ணெய் மற்றும் வாயு கீழ்நிலை நடவடிக்கைகள் , அணு பவர் ,