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COVID vaccine rights waiver within reach, WTO chief says ahead of meeting

Director-General Ngosi Okonjo-Iweala has called COVID-19 vaccine inequity 'unconscionable' and given top priority to a deal to facilitate the flow of vaccines more widely. Even though demand for COVID-19 shots has tapered off, India, South Africa and some 100 other backers are seeking a potential waiver of intellectual property rights for vaccines and treatments. However, WTO members remain divided over a draft deal for vaccines negotiated between the four main parties (India, South Africa, the European Union and the United States) that was forged to break an 18-month deadlock. Protest groups are urging members to reject it and China has lodged an objection.

Reuters - June 8, 2022

View the full story here: https://www.reuters.com/markets/wto-chief-says-deals-within-reach-ahead-geneva-meeting-2022-06-08/