Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 18/06/2021 05:57 
05.05.2021 23:57 News >> US Backs Waivers For Coronavirus Vaccine Patents

US Backs Waivers For Coronavirus Vaccine Patents

US Trade Representative says Biden administration 'will actively participate in' WTO negotiations.

The US signaled support on Wednesday for waiving patent protections for coronavirus vaccines, saying doing so would bolster the international response to the pandemic.
US Trade Representative Katherine Tai said that while the Biden administration is strongly supportive of intellectual property protections it supports their lifting for coronavirus vaccines "in service of ending this pandemic."
"We will actively participate in text-based negotiations at the World Trade Organization (WTO) needed to make that happen," she said in a statement. "Those negotiations will take time given the consensus-based nature of the institution and the complexity of the issues involved."
Shares of the three companies producing US-approved vaccines -- Moderna, Pfizer and Johnson and Johnson -- dropped sharply earlier after news of the then-potential announcement emerged.
WTO member states have reportedly been discussing in Geneva a potential temporary waiver sought by more than 100 developing nations. Details were not immediately available.
Tai said US support for the proposal is just one component of President Joe Biden's plan to combat the pandemic.
"The Administration's aim is to get as many safe and effective vaccines to as many people as fast as possible," she said.
"As our vaccine supply for the American people is secured, the administration will continue to ramp up its efforts—working with the private sector and all possible partners—to expand vaccine manufacturing and distribution. It will also work to increase the raw materials needed to produce those vaccines," she added -



        Latest News
Pro-Haftar Militias Launch Anti-Terror Operation In Southern Libya 3 minutes ago...
Operation aimed at capturing terrorists, deporting African mercenaries who threaten security.
Green Initiatives Can Help Burkina Faso Recover From Pandemic: Minister 49 minutes ago...
Country has committed to restoring 5.16 million hectares of degraded land by 2030.
Israel To Allow Transfer Of Qatari Funds To Gaza Via UN 34 minutes ago...
Move will contribute to strengthening of calm between Palestinian factions, according to Israeli TV.
African Tourism Ministers To Work Together To Revitalize Industry 4 minutes ago...
Ministers endorse Windhoek Pledge geared at advocating ‘Brand Africa’
Egyptian, Malaysian Leaders Speak Via Video Conference 34 minutes ago...
Bilateral relations as well as regional, international issues of common interest discussed, says Egyptian Presidency.

 
      Top News
Rwandan Prosecutors Seek Life For Dissident Paul Rusesabagina Rwandan Prosecutors Seek Life For Dissident Paul Rusesabagina
US House Votes To End 2002 Iraq War Powers With Bipartisan Support US House Votes To End 2002 Iraq War Powers With Bipartisan Support
Turkey Holds 14,657 E-Hearings To Date: Justice Minister Turkey Holds 14,657 E-Hearings To Date: Justice Minister
Turkey: Private Sector Foreign Debt Down In April Turkey: Private Sector Foreign Debt Down In April
Agenda Not Against Russia, But For American People: Biden Agenda Not Against Russia, But For American People: Biden
Turkish Firms Reduced Exposure To Foreign Exchange Risks: Fitch Turkish Firms Reduced Exposure To Foreign Exchange Risks: Fitch
Peace, Stability In Caucasus Region Benefits Whole World: Turkey Peace, Stability In Caucasus Region Benefits Whole World: Turkey
Turkey Invites Applications For Master's Program On Scholarship Basis Turkey Invites Applications For Master's Program On Scholarship Basis
Turkish Surgeon Warns People With Chronic Illness Against Morning Workouts Turkish Surgeon Warns People With Chronic Illness Against Morning Workouts
Russian Expert Explains What To Expect From Putin-Biden Meeting In Geneva Russian Expert Explains What To Expect From Putin-Biden Meeting In Geneva