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
-
Ghana’s problems solvable but not with square pegs in round holes
49 minutes -
Gospel veteran Dr. Collins Nyantachie returns with soothing album ‘Obe Tumi Ay3’
1 hour -
Sissala West MP launches maiden teacher awards and scholarship scheme
2 hours -
Paramount chief appeals to gov’t to build new regional hospital in Jirapa
2 hours -
Jirapa MP donates bedsheets to St. Joseph Catholic Hospital amidst appeals to upgrade 70-year-old facility
2 hours -
Tamale Central MP: Better schooling key to bridging north-south divide
3 hours -
“An Incredible Ghanaian Enterprise”: Asantehene hails KGL Group at coronation ball
3 hours -
Mahama pledges 40 additional armoured vehicles to bolster police operations
3 hours -
One dead as gunmen attack passenger bus in bloody Walewale-Nasia highway ambush
4 hours -
[Video] Bawumia and Asiedu Nketia unite at SDA anniversary in Sunyani
5 hours -
IGP sounds alarm over police-to-citizen ratio as Lower Manya Krobo gets new HQ
6 hours -
Bringing back ‘By The Fireside’: Ohio University’s Emmanuel Mensah calls for digital entertainment education revival
6 hours -
Chief of Staff announces Presidential Delivery Unit to track government commitments
6 hours -
Barcelona move to within two points of La Liga title with Osasuna win
7 hours -
World Relays: We can’t afford to miss out again” — Amenakpor rallies Ghana after relay setback
7 hours