Why a new international vaccine deal is being called a ‘devastating global failure’

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Last week, a group of high profile Canadians publicly called on Canada to do more to make COVID vaccines available around the world

In the first months of the COVID-19 vaccine rollout, shipments arrived quickly and often in rich counties, while much of the world waited.

As WTO Director-General Ngozi Okonjo-Iweala put it, the new deal “will contribute to ongoing efforts to concentrate and diversify vaccine-manufacturing capacity so that a crisis in one region does not leave others cut off.”, Mary Ng, Canada’s minister of international trade, welcomed the move toward “enhanced vaccine equity.”

For almost two years, the global community has debated the TRIPS waiver, More than 100 countries had previously signalled their support. “The WTO’s draconian IP rules have already contributed to prolonging the current pandemic,” the letter reads.

 

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