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The-ukBbc-newsHeadlinesCountriesWaveVaccineGermanyPrime-ministerHealth-ministerCoronavirus-in-europeAstrazeneca-jabAround-the-worldThe Biden administration is throwing its support behind efforts to waive intellectual property protections for COVID-19 vaccines in an effort to speed the end of the pandemic. United States Trade Representative Katherine Tai announced the government s position in a Wednesday statement, amid World Trade Organisation talks over easing global trade rules to enable more countries to produce more of the life-saving vaccines. The administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines, Tai said in the statement. But she cautioned that it would take time to reach the required global consensus to waive the protections under WTO rules, and US officials said it would not have an immediate effect on the global supply of COVID-19 shots.
SwedenChinaGenevaGenèSwitzerlandSouth-africaUnited-statesIndiaUnited-kingdomBritishSwedishKatherine-taiWTO head says COVID-19 poses greatest threat to trade outlook
WTO head says COVID-19 poses greatest threat to trade outlook
1st Apr 2021
GENEVA (AA): Prospects for a quick recovery in world trade have improved amid an expansion more rapid than expected in the second half of last year, with the World Trade Organization (WTO) on Wednesday estimating that trade would increase by 8% this year after falling by 5.3% in 2020. But WTO Chief added that trade growth should slow to 4% in 2022 and pace of expansion would still leave trade below pre-pandemic trends.
The strong rebound since mid-last year has helped soften the pandemic’s blow for people, businesses and economies, WTO Director-General Ngozi Okonjo‑Iweala said at a press conference in which she called for ramped-up production of vaccines against COVID-19.
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