EU, India, South Africa and US reach TRIPS waiver agreement on vaccines

By Dani Kass (March 16, 2022, 11:28 a.m. EDT) – The Office of the U.S. Trade Representative has confirmed that a compromise has been reached among the four major players in talks to waive intellectual property rights for COVID-19 vaccines. 19 .

USTR spokesman Adam Hodge said on Tuesday evening that South Africa, India, the European Union and the United States had agreed in principle to waive certain provisions of the the World Trade Organization on Trade-Related Aspects of Intellectual Property Rights, or TRIPS, but the formal terms of the agreement have yet to be refined and approved by the other 160 WTO members.

“The difficult and protracted process has resulted in a compromise result that offers…

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