WTO chief hopes Covid-19 patent waiver will be settled by December

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South Africa Headlines News

Ngozi Okonjo-Iweala sees movement on both sides of vaccine-for-developing-countries debate

The head of the World Trade Organization said on Monday she hopes that by December the body’s members will have reached a “pragmatic” solution over whether to waive Covid-19 vaccine patents.

US President Joe Biden last week backed a call from India and SA to waive patent protection for Covid-19 vaccines, angering pharmaceutical companies and triggering opposition from several European countries. Experts say waivers could take years to negotiate, and would not deal with the immediate need to manufacture more doses fast.

“It is about affirming our commitment to the advancement of equality and human rights, not just in our own country but around the world,” he wrote.

 

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