China backs talks on intellectual property waiver for COVID-19 vaccines

Reuters
China supports a proposal by the World Trade Organization for an intellectual property protection waiver on COVID-19 vaccines to enter the consultation stage.
Reuters

China’s Commerce Ministry spokesman Gao Feng said on Thursday that Beijing supports a proposal by the World Trade Organization for an intellectual property protection waiver on COVID-19 vaccines to enter the consultation stage.

“China supports the WTO’s proposal on IP exemptions for anti-epidemic materials such as the COVID-19 vaccine to enter the text consultation stage,” Gao said.

“China will work with all parties to actively participate in consultations and jointly promote a balanced and effective solution,” he said.

Drugmakers and some governments opposed the idea, saying it would not solve global inoculation shortages.


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