"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



WTO chief: Vaccine waiver helpful, not key for virus fight
Published in Ahram Online on 07 - 05 - 2021

The head of the World Trade Organization said Friday the U.S. administration's call to remove patent protections on COVID-19 vaccines could help expand fair access to vaccines but might not be the most ``critical issue,'' as officials in Europe increasingly insisted that more vaccine exports are the more pressing priority.
WTO Director-General Ngozi Okonjo-Iweala told a virtual conference that the trade body aimed to find a ``pragmatic solution that assures access to developing countries to deal with vaccine inequity, whilst at the same time making sure we don't disincentivize research and innovation.''
Activists and humanitarian institutions cheered the American reversal in policy Wednesday and urged others to follow suit in order to remove the intellectual property protections on the COVID-19 vaccines. They argue that would allow more factories around the world to produce the shots, increasing the supply, especially in poorer countries. The decision ultimately is up to the 164-member WTO, and if just one country votes against a waiver, the idea will fail.
While many world leaders welcomed the U.S. step, few see any waiver as the only or even best way to expand access to vaccines and end the pandemic _ and they've taken the U.S. to task for not sharing more of the vaccines that already exist with the rest of the world.
For instance, Germany, a research powerhouse with strong biotech and pharmaceutical sectors, spoke out against waiving the protections.
``The main issue is not the question of patents. The main issue is the question of production capacity,`` German Health Minister Jens Spahn said, noting that producing vaccines like one developed by German firm BioNTech _ and manufactured with Pfizer _is very complicated.
It ``is not something you can simply do with a license in some factory somewhere, somehow, whether it's in Germany or India or Chile,'' he said.
Instead, he stressed _ as the pharmaceutical industry has _ that developed countries whose vaccination campaigns are going well should export more shots.
``We'll be exporting a lot more. I can only welcome if the United States change their policy and make vaccination doses available for other countries,`` he said.
Ulrike Demmer, a German government spokeswoman, also echoed many in the industry and some analysts in noting that ``the limiting factor in vaccine production is production capacity and high quality standards, not patents.''
Some, however, have argued that there are factories that could produce the shots if the protections were suspended and the know-how shared.
But in remarks to the Florence-based European University Institute's annual State of the Union conference, the WTO's Okonjo-Iweala said that the patent waiver ``may not be the critical issue'' on increasing vaccine volume.
Other key steps include reducing restrictions on the export both of vaccines and the ingredients needed to make them, sharing the know-how behind the shots, training manufacturing personnel and increasing manufacturing capacity globally.


Clic here to read the story from its source.