G20 snubs Covid-19 vaccine patent waiver, waters down pledge on WHO’s funding | Citypress

  • 📰 City_Press
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

G20 snubs Covid-19 vaccine patent waiver, waters down pledge on WHO’s funding

The draft document lists commitments of G20 nations and other countries and is to be adopted on Friday at a Global Health Summit in Rome, one of this year’s major events to coordinate global actions against the pandemic.

But the European Union and other vaccine-making countries have raised doubts, saying that the removal of US export restrictions on vaccine raw materials, the transfer of know-how and voluntary cooperation among vaccine makers would ensure a much quicker ramping up of global production.WHO chief Tedros Adhanom Ghebreyesus

Under a patent pool, drugmakers decide voluntarily to share licences for the manufacturing of their products in poorer nations. Pools have for instance been used to ease access to HIV drugs in Africa. This represents a major watering down of the initial draft in which leaders explicitly committed for the first time to “fair and full financing” of the scheme.

“The big problem is a lack of sharing. So the solution is more sharing,” he told a virtual Paris Peace Forum event.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

New month !!! bonus !!! Only 30 serious person's needed 💱 Work from home with your smartphone and start earning $2,500 every 48 hours and $8,750 weekly Ask me How No hidden fee No Charges involved No Scam Only serious minded person's WhatsApp number +19283514069

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of KevinKatch2 I've been earning ZAR60,353.00k weekly I've never regretted this decision fellow RSA, 🙏🏻

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.