Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Vaccine Answer Close, But Facing Effort To Block It: WTO Chief

Vaccine Answer Close, But Facing Effort To Block It: WTO Chief

Discussions on the issue at the WTO, which takes decisions by consensus, have been deadlocked for more than a year
The World Trade Organization (WTO) is close to resolving a dispute over how to spread COVID-19 vaccines more widely and fairly, but facing an "orchestrated effort" to block a deal, the body's chief said on Thursday.

WTO Director-General Ngozi Okonjo-Iweala told Reuters she had held talks this month with trade ministers from India, South Africa, the European Union and the United States on how to break an impasse over the issue of intellectual property rights.

Agreement is needed to allow some technology transfer to developing countries without manufacturers there at risk of being sued, she said.

This could help redress the gap between the vaccination rate in Africa of only 8% and 67% in developed countries that she pointed to, as well as providing vaccines that were affordable and easy to distribute.

"Ease of use, easy of distribution and affordability. These are things that could be unleashed much more if we came to these kinds of agreements," she said.

"We are getting close to an answer, a solution," she said. "On the other hand, it looks to me that there is an orchestrated effort to block success on the issue."

India and South Africa have proposed waiving intellectual property rights for COVID-19 vaccines and treatments, but developed members such as the European Union, Britain and Switzerland argue it would be better to use existing WTO rules that allow countries to award licences to local producers.

Discussions on the issue at the WTO, which takes decisions by consensus, have been deadlocked for more than a year. Okonjo-Iweala said she had brought the main actors together, with technical experts now trying to settle details.

However, the WTO head said information on delicate negotiations had since been exposed through leaks to the media, putting a "chill" on the process.

"It's not inadvertent. I think it's a deliberate means of stopping negotiations and stopping an answer. The thing is millions of lives depend on this ... Continents like Africa are waiting for this," she said.

She said it was hard to pinpoint who was responsible and did not refer to any particular report, but said they were causing mistrust.

In just one of several examples of purported details leaking out, sources in a report in trade publication Washington Trade Daily on Wednesday referred to a waiver of IP rights needing to go beyond just vaccines, as the United States has proposed, and talked of the "obdurate stance" of the European Union.

Okonjo-Iweala said all four parties to the talks had mentioned that they wanted a solution quickly and that she would continue her work towards this end. They had also agreed on a framework that could lead to a solution satisfactory to both sides.

"No one side will get 100%, but it's a satisfactory solution that I think both sides could sign onto. We are very much moving in that direction," she said.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×