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WTO Chief Says Compromise Possible on Vaccine Patent Waiver

Oct. 14, 2021, 4:56 PM

World Trade Organization Director-General Ngozi Okonjo-Iweala says, “I believe that members can find a pragmatic compromise” on the issue of intellectual-property waivers for vaccine patents.

  • “We need to diversify and decentralize the manufacturing of vaccines, therapeutics and diagnostics,” she says in a speech at the Peterson Institute for International Economics in Washington
  • “Our current inequality in access to Covid-19 vaccines is morally unacceptable”
  • NOTE: Earlier, U.S. Trade Chief Tai Says WTO Vaccine Waiver Making Progress
  • NOTE: Oct. 7, WTO Vaccine IP-Waiver Talks Move to Compromise, Spokesman Says
  • WTO can play an important role in addressing climate change, Okonjo-Iweala also says ...