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THURSDAY, JULY 03, 2025
South Africa's Ramaphosa: TRIPS waiver urgent to save millions of lives

Global Economy

Reuters
28 September, 2021, 09:35 pm
Last modified: 28 September, 2021, 09:38 pm

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South Africa's Ramaphosa: TRIPS waiver urgent to save millions of lives

Reuters
28 September, 2021, 09:35 pm
Last modified: 28 September, 2021, 09:38 pm
South African President Cyril Ramaphosa attends a press conference at the G20 Compact with Africa (CwA) meeting in Berlin, Germany, August 27, 2021. REUTERS/Michele Tantussi
South African President Cyril Ramaphosa attends a press conference at the G20 Compact with Africa (CwA) meeting in Berlin, Germany, August 27, 2021. REUTERS/Michele Tantussi

South African President Cyril Ramaphosa said on Tuesday that passing a time-bound, targeted TRIPS waiver on patents on Covid-19 products was urgent to save millions of lives during the pandemic.

"This is not the time just to be uni-dimensionally focused on just profit. This is the time to save lives," Ramaphosa told an event organised by the World Trade Organization.

He added that the success of developing countries in combating climate change would require concessional funding to support a just transition.

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TRIPS / South African President Cyril Ramaphosa

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