Wednesday, October 27, 2021
No menu items!

WTO fails again to agree on COVID-19 vaccine intellectual right waiver

Must Read

[ad_1]

The World Trade Organisation countries failed anew on Tuesday to agree on a proposal to suspend intellectual property rights on COVID-19 vaccines 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.”

Members will hold an informal meeting in early September to discuss the state of play, followed by a formal meeting on October 13 and 14.

“There’s no way they’re going to stop discussing this. It’s too important,” Rockwell said, after hours of talks on day one of the two-day WTO General Council Meeting.

“It’s a very emotional issue, and it’s not going to stop.

India and South Africa brought forward the intellectual property waiver idea in October.

Proponents argue the temporary removal of IP rights will boost production in developing countries and address the dramatic inequity in access.

That notion has long met with fierce opposition from pharmaceutical giants and their host countries, which insist patents are not the main roadblocks to scaling up production and warn the move could hamper innovation.

– Getting more jabs –

The WTO’s 164 member states take all decisions by consensus.

Rockwell said all countries agreed on the need to ramp up production quickly, but disagreed on how best to achieve the goal.

He said there was surplus capacity in Senegal, Bangladesh, India, South Africa, Thailand, Morocco and Egypt, but while they might have untapped expertise, they would need to have technology and know-how on producing COVID-19 vaccines.

“They have the capacity to do this. And so the question is, how do you tap into that unused capacity?” said Rockwell.

The debate is focused on the WTO’s Agreement on Trade-Related Aspects of IP Rights (TRIPS) and provisions relating to the medical prevention, containment, or treatment tools needed to battle COVID-19.

India and South Africa can count on the backing of several dozen countries, including notably the United States and China.

Rockwell said the opponents of the idea included European countries, Japan and South Korea.

However, a group of countries are also focused on getting “a pragmatic outcome, whatever that may be,” he added.

The negotiations have hit a few particular sticking points, notably the duration of the waiver, the scope in terms of products covered and the TRIPS provisions.

Other tricky areas include implementation, and the protection of undisclosed information said Rockwell.

Some 3.93 billion doses of COVID-19 vaccines have been administered around the world, according to an AFP count.

Just 0.3 per cent of them have been injected in the 29 lowest-income countries, home to nine per cent of the global population.

“Getting production in developing countries to a higher level so that more shots can go into more arms in Africa, Latin America and Asia is of critical importance to everyone here,” Rockwell said.

(AFP)

[ad_2]

- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img
Latest News

We Will Participate In 2024 Olympics – Weightlifting President Assures

The President, Nigeria Weightlifting Federation (NWF), Abdul Ibrahim, has pledged that weightlifters will participate in the next Olympics in...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img