European executive submits vaccine access proposal to WTO
BRUSSELS, June 4 (Reuters) – The European Union has submitted to the World Trade Organization a plan that it says will expand the supply of COVID-19 vaccines more effectively than waiving intellectual property (IP) rights supported by the United States.
India, South Africa and dozens of developing countries demand a waiver of intellectual property rights for COVID-19 vaccines and other treatments to remedy what they say is a “staggering injustice” in access to what they see as global public goods.
The European Commission, which oversees the EU-27’s trade policy, said on Friday it had submitted an alternative, highlighting limits on export restrictions and existing WTO rules allowing countries to grant licenses to producers. (Reporting by Philip Blenkinsop)
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