World

Washington ‘evaluating’ WTO proposals to ease IP rules on Covid-19 jabs

Waivers will allow poor countries faster access to vaccines

Updated 5 years ago · Published on 01 May 2021 11:30AM

Washington ‘evaluating’ WTO proposals to ease IP rules on Covid-19 jabs
Of the more than 835 million Covid-19 vaccine doses administered as of April 15, 48% are in high-income countries, and just 0.1% in the 29 lowest-income nations. – Pixabay pic, May 1, 2021

WASHINGTON – Washington is working with World Trade Organisation (WTO) members to ensure “equitable” access to Covid-19 vaccines, said a United States trade official yesterday, but stopped short of signalling a commitment to waiving patent protections.

Speaking as WTO held another meeting in Geneva to seek waivers to intellectual property rights that will allow poor countries faster access to coronavirus jabs, the US Trade Representative (USTR) said in a report that it is “evaluating the efficacy of proposals” in the multilateral bodies.

The push to ease up on patent protections is being led by South Africa and India. The latter country is being ravaged by a surge in infections, with another 385,000 cases reported over the past 24 hours – a global record – and almost 3,500 deaths, according to official data.

But, the US has yet to agree, though a senior USTR official told reporters: “The top priority of the US is saving lives and ending the pandemic.

“We are working with our global partners to explore pragmatic and effective steps to surge production and equitable distribution of vaccines.”

The USTR has met in recent weeks with executives from vaccine manufacturers Moderna, Pfizer and AstraZeneca, as well as tech entrepreneur and philanthropist Bill Gates, to discuss the issue.

Newly installed WTO chief Ngozi Okonjo-Iweala has made the vaccine issue a top priority and brought together stakeholders to thrash out a solution, including her proposal for a temporary waiver.

But, the powerful US Chamber of Commerce yesterday pushed back against “the mistaken belief that IP rights can be a barrier to access to Covid-19 vaccines”.

“Let me be clear: IP rights help – they don’t hinder – access to innovation by enabling long-term investments,” said the chamber’s senior vice-president, Patrick Kilbride, in a statement.

The White House yesterday said the US now has 100 million people fully vaccinated.

Of the more than 835 million vaccine doses administered as of April 15, 48% were in high-income countries, and just 0.1% administered in the 29 lowest-income nations, according to AFP calculations. – AFP, May 1, 2021

Related News

Opinion / 1y

The Trump dilemma and reclaiming balance: The urgent need for fair global trade

Malaysia / 2y

Current health ailments not related to AstraZeneca vaccine, says Noor Hisham

Malaysia / 2y

Govt aware of AstraZeneca vaccine side effects when it was deployed, says Noor Hisham

Malaysia / 2y

Sanctions on 4 Malaysia-based companies still in place, says US official

World / 2y

AstraZeneca Covid-19 vaccine to be withdrawn globally

World / 2y

AstraZeneca admits Covishield can cause blood clots, low platelet count

Spotlight

Malaysia

Tuanku Muhriz to focus on state affairs; Will not attend Conference of Rulers meeting

Malaysia

Sarawak projects record RM15.09b revenue, budgets RM10.1b for development in 2027

Malaysia

Sultan Nazrin: Delay in environmental action places future generations at risk

Malaysia

Woman allegedly raped at KL shopping centre after being threatened with intimate video

Malaysia

Jordan’s King confers highest civilian honour on Sultan Ibrahim

Malaysia

Driver monitoring aims to stop commercial vehicle crashes before they happen

Malaysia

KTMB heritage sites set for tourism makeover, says Loke

Malaysia

Zara Qairina’s mother: No doctors recorded injuries consistent with being beaten

You may be interested

World

Bangladesh to deploy army at two new posts near Rohingya camps amid rising crime

World

Trump calls for Zelenskiy’s removal after deadly Russian strike kills 20 in Ukraine

World

Trump weighs joining Saudi strikes after deadly Houthi attack on Riyadh airport

World

India releases youth protest leaders after detention as voter-list row deepens

World

Houthi attacks hit Riyadh, Dammam airports as Saudi Arabia faces mounting security threat

World

Man dies after entering tiger enclosure at UK wildlife park

World

Iran says US response on Hormuz Strait reopening proposal falls short