WTO panel considers easing protections on Covid-19 vaccines | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
May 11, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, MAY 11, 2025
WTO panel considers easing protections on Covid-19 vaccines

Coronavirus chronicle

AP/UNB
09 June, 2021, 12:10 pm
Last modified: 09 June, 2021, 12:16 pm

Related News

  • Padma Bridge protection embankment at risk of collapse from soil erosion
  • Bangladesh can expand exports to US amid Trump’s tariff hike: WTO
  • Trump tariff could lead to contraction of global merchandise trade volumes by 1% this year: WTO chief
  • Exclusive: US pauses financial contributions to WTO, trade sources say
  • WTO report examines AI's impact on global trade

WTO panel considers easing protections on Covid-19 vaccines

On the table for a two-day meeting of a WTO panel opening Tuesday is a revised proposal presented by India and South Africa for a temporary IP waiver on coronavirus vaccines. The idea has drawn support from more than 60 countries, which now include the United States and China

AP/UNB
09 June, 2021, 12:10 pm
Last modified: 09 June, 2021, 12:16 pm
A health worker prepares a dose of vaccine at Suvarnabhumi Airport, Bangkok, Thailand, April 5, 2021. Photo: Reuters
A health worker prepares a dose of vaccine at Suvarnabhumi Airport, Bangkok, Thailand, April 5, 2021. Photo: Reuters

Envoys from World Trade Organization member nations are taking up a proposal to ease patents and other intellectual property protections for Covid-19 vaccines to help developing countries fight the pandemic, an idea backed by the Biden administration but opposed in other wealthy countries with strong pharmaceutical industries.

On the table for a two-day meeting of a WTO panel opening Tuesday is a revised proposal presented by India and South Africa for a temporary IP waiver on coronavirus vaccines. The idea has drawn support from more than 60 countries, which now include the United States and China.

Some European Union member states oppose the idea, and the EU on Friday offered an alternative proposal that relies on existing World Trade Organization rules. The 27-nation bloc said those rules currently allow governments to grant production licenses — such as for Covid-19 vaccines or therapies — to manufacturers in their countries without the consent of the patent holders in times of emergency.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

At stake in the meeting is whether the various sides can move toward drawing up a unified text, a key procedural step that could unlock accelerated negotiations. Inside observers cautioned, however, that a major breakthrough was not expected.

Even optimistic supporters acknowledge an IP waiver could take months to finalize because of solid resistance from some countries and WTO rules that require consensus on such decisions -- meaning a single country among the 164 members could scuttle any proposal. Even if adopted, ratification would also take time.

Advocacy groups, emboldened by the support the United States announced last month, have increasingly pushed the plan and insisted it would not be as difficult to carry out as detractors would say.

Doctors Without Borders, a Nobel Peace Prize-winning humanitarian agency, faulted the European Union, Switzerland, Norway and other holdouts on the IP waiver idea Monday for employing alleged "delaying tactics."

Pharmaceutical companies insist that an IP waiver could dampen the incentive for researchers and entrepreneurs to innovate and say vaccine-sharing by rich countries would be a much faster way to get shots to health workers and at-risk populations in the developing world.

The World Health Organization has repeatedly inveighed against unequal access to vaccines, noting that rich countries scooped up supplies well in excess of the need of their own populations while developing countries have obtained only a small fraction of the doses so far distributed and injected worldwide.

Top News / World+Biz

WTO / Covid-19 vaccines / ease / protection

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    World Bank sees favouritism in digital bank licensing
  • Damaged vehicles are seen in the neighbourhood, following Pakistan's military operation against India, in Rehari, Jammu, May 10, 2025. Photo: REUTERS/Stringer
    Explosions reported after India and Pakistan agree to ceasefire
  • The Advisory Council of the interim government holds a meeting at the state guest house Jamuna in Dhaka on 10 May 2025. Photo: PID
    Interim govt decides to ban AL under anti-terror law

MOST VIEWED

  • A youth beating up two minor girls on a launch during a picnic in Munshiganj on 9 May 2025. Photo: TBS
    Minor girls beaten in Munshiganj launch: Beat them to discipline them as elder brother, assaulter says
  • The Advisory Council of the interim government holds a meeting at the state guest house Jamuna in Dhaka on 10 May 2025. Photo: PID
    Interim govt decides to ban AL under anti-terror law
  • US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu meet at the White House in Washington, US, February 4, 2025. Photo: REUTERS/Elizabeth Frantz
    Trump cuts ties with Netanyahu over manipulation concerns: Israeli media
  • People stand next to a damaged vehicle in a neighbourhood, following Pakistan's military operation against India, in Rehari, Jammu, May 10, 2025. Reuters/Adnan Abidi
    Pakistan reopens airspace after ceasefire with India
  • Photo: BSS
    Govt action looms against 18 private universities in Bangladesh
  • Photo: Rajib Dhar
    Decision to ban AL sparks jubilation among protesters

Related News

  • Padma Bridge protection embankment at risk of collapse from soil erosion
  • Bangladesh can expand exports to US amid Trump’s tariff hike: WTO
  • Trump tariff could lead to contraction of global merchandise trade volumes by 1% this year: WTO chief
  • Exclusive: US pauses financial contributions to WTO, trade sources say
  • WTO report examines AI's impact on global trade

Features

The design language of the fourth generation Velfire is more mature than the rather angular, maximalist approach of the last generation. PHOTO: Arfin Kazi

2025 Toyota Vellfire: The Japanese land yacht

10h | Wheels
Kadambari Exclusive by Razbi’s summer shari collection features fabrics like Handloomed Cotton, Andi Cotton, Adi Cotton, Muslin and Pure Silk.

Cooling threads, cultural roots: Sharis for a softer summer

1d | Mode
Graphics: TBS

The voice of possibility: How Verbex.ai is giving AI a Bangladeshi accent

1d | Panorama
Graphics: TBS

Why can’t India and Pakistan make peace?

2d | The Big Picture

More Videos from TBS

Fact check: Canadian tourism to Florida dropped by 80 percent!

Fact check: Canadian tourism to Florida dropped by 80 percent!

8h | Others
Rumors about nuclear weapons; Pakistan says there was no meeting.

Rumors about nuclear weapons; Pakistan says there was no meeting.

9h | TBS World
China-United States 'Icebreaker' Meeting: Will the Trade War Diminish or Rise Conflict?

China-United States 'Icebreaker' Meeting: Will the Trade War Diminish or Rise Conflict?

10h | Others
Methods and history of banning political parties and organizations in Bangladesh

Methods and history of banning political parties and organizations in Bangladesh

11h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net