G7 foreign ministers say will work to expand COVID-19 vaccine production

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The Group of Seven foreign ministers pledged on Wednesday to work with industry to expand the production of affordable COVID-19 vaccines, but ...

The word"COVID-19" is reflected in a drop on a syringe needle in this illustration taken Nov 9, 2020. LONDON: The Group of Seven foreign ministers pledged on Wednesday to work with industry to expand the production of affordable COVID-19 vaccines, but stopped short of calling for a waiver of intellectual property rights of the pharma firms.

"We commit to working with industry to facilitate expanded manufacturing at scale of affordable COVID-19 vaccines, therapeutics and diagnostics and their component parts," the G7 foreign ministers said in a joint statement after a meeting in London.The ministers said the work would include"promoting partnerships between companies, and encouraging voluntary licensing and tech transfer agreements on mutually agreed terms".

 

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