Covid vaccine intellectual property waiver is ‘in direct response to an emergency’: Ramaphosa

0


South African President Cyril Ramaphosa dedicated his weekly letter to the nation on the issue of waiving intellectual property rights to COVID-19 vaccines, saying it was needed right now and in direct response to an emergency.

Ramaphosa’s message reflects his country’s hope that the waiver, initially proposed by South Africa and India, can still happen despite opposition from countries like Germany.

Ramaphosa writes that the Biden administration’s support for a waiver gave further impetus to negotiations at the World Trade Organization. He compares the issue of IP vaccine waivers to South Africa’s ultimately successful fight two decades ago to alleviate IPs on life-saving antiretroviral drugs during the HIV / AIDS crisis.

And once again, South Africa is waging a struggle that tests global solidarity, Ramaphosa wrote.

European Union leaders questioned the immediate benefit of a COVID-19 vaccine PI waiver, saying many less developed countries, especially in Africa, lack the capacity to manufacture vaccines even if the waiver is obtained.

Ramaphosa writes that South Africa is one of five African countries with vaccine production capacity and that a waiver would allow them to boost global manufacture of vaccines against COVID-19 and other major diseases .

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that are of interest to you and which have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times stemming from Covid-19, we continue to remain committed to keeping you informed and up to date with credible news, authoritative opinions and cutting-edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with higher quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscribing to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism in which we engage.

Support quality journalism and subscribe to Business Standard.

Digital editor



Source link

Leave A Reply

Your email address will not be published.