WTO conference delay over Omicron a blow to global vaccine planning

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However, delegations continue negotiations on IP waiver proposal by India and SA

New WTO director-general Ngozi Okonjo-Iweala. Picture: REUTERS/JOSHUA ROBERTS

Expectations of breakthroughs were already muted ahead of the gathering, which was postponed late on Friday after new Swiss travel restrictions due to the Omicron variant meant many planned face-to-face meetings could not happen.Dmitry Grozoubinski, executive director of the Geneva Trade Platform think-tank, said ministerial meetings were key to any agreements because they put together political decision-makers and created deadlines.

WTO director-general Ngozi Okonjo-Iweala said negotiations should not stop and that delegations in Geneva should seek to close as many gaps as possible.Delegations did set to work on Monday to debate a proposal by India and SA to waive intellectual property rights for Covid-19 vaccines and treatments and an EU counterproposal to use flexibilities in existing WTO rules.

Barry Schoub, chair of the ministerial advisory committee on vaccines, talks to a Bloomberg panel about the Covid-19 variant Omicron.

 

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