Audio By Carbonatix
Member countries of the World Trade Organisation (WTO) have been unable to agree on a proposal for a waiver from patents and other rules for efforts to combat the pandemic.
The initiative led by South Africa and India seeks to support the widespread production of Covid-19 vaccine treatments and medical equipment.
The WTO members agreed to continue the discussions.
The organisation's rules require member countries to protect patents and copyright, so that inventors can make a return on their investment.
But the Indian delegation at the WTO told a meeting that the world is not producing enough vaccines - despite the existence of several approved ones and unused manufacturing capacity.
The proposal to waive patent rules aims to make it easier for some poorer countries to produce vaccines themselves.
A number of rich countries, along with Brazil, oppose the proposed waiver.
They say patents are important incentives for innovation and they say the rules already have enough flexibility for the current crisis.
The Indian delegate said the waiver was being opposed by the same countries that had hoarded more vaccines than they needed, which was hindering a coordinated global programme.
Latest Stories
-
Nigeria’s economy expands by 4.4% in Q2, lifted by oil and non-oil sectors
20 minutes -
UN committee says countries must consider reparations for slave trade
32 minutes -
Oil prices rise as latest fighting resurrects Middle East supply disruption risks
41 minutes -
Kenya airport staff strike delays thousands of passengers
50 minutes -
OSP Act lacked checks to rein in Special Prosecutor, Kpebu says
1 hour -
Public trust crisis around Special Prosecutor is fueling attacks on OSP – Kpebu
1 hour -
South African airline defends low-altitude aerial stunt over packed stadium
2 hours -
Special Prosecutor needs adult supervision – Martin Kpebu
2 hours -
Africa’s food systems must be judged by what farmers earn – AGRA
2 hours -
Raphinha & Lamine Yamal score twice as Barcelona beat Rayo Vallecano
3 hours -
Everton agree ÂŁ40m fee for Monaco striker Balogun
3 hours -
Mudryk to Spurs as Chelsea’s Sanchez heads to Como
4 hours -
Saka scores agaian as Arsenal beat Aston Villa
4 hours -
Man City open talks with Chelsea over Enzo Fernandez move
4 hours -
Man City agree ÂŁ65m deal for Everton’s Ndiaye
4 hours