US to waiver rights for COVID vaccine as approach to vanquish pandemic | Inquirer
 
 
 
 
 
 

US to waiver rights for COVID vaccine as approach to vanquish pandemic

/ 04:22 AM June 11, 2021

The United States will continue to press for a waiver of intellectual property rights for COVID-19 vaccines and treatments even as it and other Group of Seven rich nations sharply expand donations of vaccines to poorer countries.

U.S. Trade Representative Katherine Tai said on Thursday the Biden administration was working on multiple fronts to end the pandemic.

“Extraordinary circumstances call for extraordinary measures,” Tai told a virtual town hall for union members hosted by the AFL-CIO trade federation.

That effort included donations of 80 million vaccine doses by the end of June, additional donations of 500 million doses announced on Thursday by President Joe Biden, and negotiations at the World Trade Organization (WTO) to secure a limited waiver of intellectual property (IP) rights for vaccines, she said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

“And this may take time, given the complexity of the issues involved, but our goal remains to get vaccines to as many people as fast as possible,” Tai said, adding that the pandemic would not be over until it was contained everywhere.

Biden’s plan to donate 500 million more doses – a key element in the G7’s plan for 1 billion donations – raised some questions about whether Washington could drop its support for an IP waiver at the WTO.

 US to waiver rights for COVID vaccine as approach to vanquish pandemic

A woman receives a COVID-19 vaccine at a clinic in Philadelphia, Pennsylvania, U.S., May 18, 2021. REUTERS/Hannah Beier

The waiver is opposed by Germany, Britain and some other U.S. allies, as well the U.S. business community.

ADVERTISEMENT

But Biden administration officials say the waiver will help boost global production of coronavirus vaccines.

Biden on Thursday said the crisis, like the earlier AIDS epidemic, demands a global response and that failing to halt the pandemic would restrain global growth and could increase instability in some countries.

“We’re going to keep manufacturing doses, donating doses, getting ‘jabs’ – as they say here in the UK – in arms, until the world has beaten this virus,” he said.

ADVERTISEMENT

Sean Flynn, an expert on intellectual property at American University Washington, said he expects the WTO to reach a deal on a waiver during a ministerial meeting later this year.

He welcomed the U.S. “ideological flexibility” of pursuing both a waiver and taking steps to boost donations of vaccines, and said new virus mutations underscored the need for production of vaccines by more than the few players in rich countries.

U.S. Treasury Secretary Janet Yellen said on Thursday some two dozen low-income countries had only vaccinated 1% of their population. “America is better off in a wealthier, vaccinated world than a poorer, unvaccinated one,” she said.

The pharmaceutical industry argues that companies invested their own funds to develop vaccines and waiving their IP rights will undermine such work in the future.

Robert Grant,  senior director of international affairs at the U.S. Chamber of Commerce’s Global Innovation Policy Center, said there was “no evidence” that waiving intellectual property rights would boost vaccine production.

“The concern is that countries all around the world will just start saying, ‘Well, we’re not going to implement or enforce IP laws’,” he said, adding that the result would be a chaotic patchwork of laws that would “undermine the rationale for investment in these places for years.”

(Reporting by Andrea Shalal; editing by Kieran Murray)

Want stories like this delivered straight to your inbox? Stay informed. Stay ahead. Subscribe to InqMORNING

Don't miss out on the latest news and information.
TAGS: covid, G7
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.




This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.