The World Trade Organization has been facing calls to temporarily lift intellectual property protections on Covid-19 vaccines but pharmaceutical giants and their host countries have fiercely opposed the idea.
By joining calls to share technology behind Covid-19 jabs, the Biden administration will add heft to a growing group of leaders who believe there is an urgent, if temporary, need for wider access to treatments if the world wants to end the pandemic.
The global pandemic has been a boon for the pharmaceutical industry, which stands to make billions. But first, it's trying to throttle poorer countries’ access to the vaccine.
South Africa and India have pushed for a TRIPS waiver to temporarily allow states to produce Covid-19 technologies without fear of IP infringement. But it faces pressure from rich countries, who want to protect their pharmaceutical industries.
As director-general, the 66-year-old Nigerian's top priority would be to ensure the trade body does more to address the Covid-19 pandemic. She says the WTO "does not want to see business as usual."
Both sides say they want to agree arrangements to cover nearly $1 trillion in annual trade but talks are at an impasse, with Britain standing to lose zero-tariff and zero-quota access to huge European single market.
Washington has spurned Nigerian former finance minister's candidature despite World Trade Organization's recommendation that she lead the trade watchdog as the first African and first woman head.
In a long-anticipated bilateral event, the two sides discussing cooperation on fighting covid-19, boosting economic ties and enhancing cultural ties.
Data released by the World Trade Organization suggests merchandise trade registered a historic second-quarter fall.
US says China will leave some export subsidies ranging from metals to agriculture and textiles
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