Friday, June 26th, 2026

US backs waiver on intellectual property for COVID vaccine



WASHINGTON: The US has thrown its support behind an initiative taken by the World Trade Organization (WTO) to waive intellectual property protections for coronavirus vaccines.

India and South Africa proposed the move saying that they would increase vaccine production around the globe.

But drugs manufacturers argue it may not have the desired effect.

US Trade Representative Katherine Tai said that “extraordinary times call for extraordinary measures”.

And she warned that it would take time for WTO members to reach a consensus decision on the matter.

India and South Africa were the leading voices in a group of about 60 countries which for the last six months has been trying to get the patents on vaccines set aside.

(With inputs from BBC)

Publish Date : 06 May 2021 10:45 AM

Gold price rises by Rs 800 after three consecutive days of decline

KATHMANDU: After declining continuously for the past three days, the

HoR meeting postponed until June 28

KATHMANDU: The meeting of the House of Representatives (HoR) scheduled

Toshima Karki and Sobita Gautam to contest for RSP women vice chair post

KATHMANDU: Dr. Toshima Karki and Sobita Gautam are set to

RSP releases vote count of 32 elected central committee members

KATHMANDU: The vote tally of 32 central committee members elected

RSP vice chair candidate Samikshya Baskota withdraws candidacy, backs Sobita Gautam

KATHMANDU: Samikshya Baskota, a candidate for the open vice chair