17.3 C
Imphal
Monday, October 25, 2021
No menu items!

Biden admin supports waiving intellectual property rights for COVID 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 a statement.

Must Read

Washington: The Biden administration supports waiving intellectual property protections for COVID-19 vaccines due to the global emergency triggered by the pandemic, US Trade Representative Katherine Tai said Wednesday.

“This is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures. 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 a statement.

- Advertisement -

She added that the United States would actively participate in text-based negotiations at the World Trade Organization to make the waiver happen. “Those negotiations will take time given the consensus-based nature of the institution and the complexity of the issues involved.”

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Manipur Police continue drive against SOP violators

Imphal: Manipur Police Department detained 28 persons as part of its drive against violators of guidelines and restrictions issued...
- Advertisement -

More Articles Like This

- Advertisement -