Negotiators trade texts with their preferred wording, then try to find common ground, sometimes leaving blank spaces for thorny differences to be settled by politicians.Īll 164 WTO member countries must reach consent on such decisions, with any one member able to block them. Trade Representative (USTR) Katherine Tai said on Wednesday that she will pursue "text-based negotiations" on the WTO waiver, the standard but tedious process for trade deal talks. The initial IP waiver proposal by India and South Africa last October included vaccines, treatments, diagnostic kits, ventilators, protective gear and other products needed to battle the COVID-19 pandemic. That would give vaccine producers more time to boost global supplies which could help contain the virus and ease pressure for the waiver. 3, said Willems, now a trade partner at the Akin Gump law firm in Washington.
#BLANK WAIVERS ARE ALMOST IMPOSSIBLE TO ACQUIRE MOVIE#
"Right now, there is no proposal on the table that would waive the TRIPS agreement simply for vaccines," he said, referring to the WTO's agreement on Trade-Related Aspects of Intellectual Property Rights that governs the transfer of property like movie rights or vaccine-manufacturing specifics.Ī more realistic goal may be completion of the agreement in time for the WTO's next ministerial conference, scheduled for Nov. trade mission to the WTO in Geneva, said of any possible agreement. "At a minimum, it's going to be a month or two," Clete Willems, a former Trump White House trade official who previously worked at the U.S. "The world is watching and people are dying," she added. WTO Director General Ngozi Okonjo-Iweala welcomed Biden's move on Thursday and urged talks on the new plan to start as soon as possible.
President Joe Biden's decision on Wednesday to back talks for a vaccine waiver, the two countries confirmed their intention to draft a new proposal after seven months of opposition. The talks also are likely to focus on a waiver that is significantly narrower in scope and shorter in duration than the one initially proposed by India and South Africa last October.
WASHINGTON, May 6 (Reuters) - World Trade Organization (WTO) negotiations on a waiver of intellectual property rights for COVID-19 vaccines could take months - provided they can overcome significant opposition from some member countries, trade experts say.
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