
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
-
Ghanaian’s death not connected to anti-immigration protests — Leader of Concerned Ghanaians in South Africa
4 minutes -
Conflicting reports on Ghanaian’s death in South Africa disturbing — Jinapor
14 minutes -
Ryanair warns of ‘queue chaos’ from new EU border system
17 minutes -
Akatsi South MCE calls for more support as 13 schools receive dual desks
18 minutes -
Ghana Sports Fund boss courts global support for youth sports development
21 minutes -
China says pilot crashed small plane into skyscraper for ‘personal reasons’
33 minutes -
Police intercept 50,000 rounds of ammunition in Upper West, arrest three suspects
34 minutes -
Vatican excommunicates hundreds of thousands of splinter sect followers
36 minutes -
Access Plus Communications launches ‘Eye Focus App’ to broaden reach of AI-powered vision screening
36 minutes -
Asiedu Nketiah urges African leaders to match economic rhetoric with action
38 minutes -
24-Hour Economy Authority and Petrochemical Holdings GmbH partner to establish 2 projects in Ghana
42 minutes -
Accra Floods: Greater Accra Minister directs MMDCEs to ensure fair distribution of relief items
46 minutes -
Ghana must balance Climate Action with Energy Security – Experts urge
50 minutes -
Boycotting South African goods not the solution to xenophobic attacks — Prof Antwi-Danso
50 minutes -
Discipline must build unity, not endanger victory
58 minutes