EU lawmakers back Covid vaccines patent waiver

BRUSSELS: The European Parliament has urged the EU to back a push for a temporary waiver of coronavirus vaccine patents, in the face of scepticism from Brussels and key member states. Lawmakers voting late Wednesday narrowly approved an amendment calling on the bloc “to support the Indian and South African World Trade Organization (WTO) initiative … Read more

China says it will support India, South Africa proposal for global IPR waiver for Covid-19 vaccines

BEIJING: China, which is actively pursuing vaccine diplomacy, said on Monday that it is “supportive” of India and South Africa’s proposal for a temporary waiver of Trade-Related Aspects of Intellectual Property Rights (TRIPS) for coronavirus vaccines, asserting that Beijing will back all actions that are conducive to the developing countries’ fight against the pandemic. India … Read more

New WTO chief pushes for vaccine access, fisheries deal

[ad_1] GENEVA (AP) — The new head of the World Trade Organization called Monday for a “technology transfer” when it comes to COVID-19 vaccines and urged member nations to reach a deal to reduce overfishing after years of fruitless talks as she laid out her top priorities after taking office. Director-General Ngozi Okonjo-Iweala, a Nigerian … Read more

New WTO boss backs British calls for new services rules

[ad_1] Ngozi The new World Trade Organization chief has backed Britain’s push for a shake-up of global rules in services trade, but warned sweeping reforms of the under-fire organisation will take a long time. Ngozi Okonjo-Iweala, the first African and first woman to head the trade referee, said the “sooner we can pin down the … Read more

Okonjo-Iweala becomes first woman, African to lead WTO

[ad_1] FRANKFURT, Germany (AP) — Nigeria’s Ngozi Okonjo-Iweala was appointed Monday to head the World Trade Organization, becoming the first woman and first African to take on the role amid disagreement over how the body decides cases involving billions in sales and thousands of jobs. Okonjo-Iweala, 66, was named director-general by representatives of the 164 … Read more