Tuesday, December 07, 2021

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International agencies call for cooperation in Covid-19 vacination

International agencies call for cooperation in Covid-19 vacination

Brussels, Apr 27 (Prensa Latina) International organizations have called on pharmaceutical companies to cooperate in the production of vaccines against Covid-19 without releasing intellectual property rights.
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The executive vice president of the European Commission (EC) for an Economy that Works for People, , harped on the need to obtain these vaccines and those that can provide additional capacity to obtain them.

During a virtual conversation with the director general of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, Dombrovskis said that the regulatory rules of intellectual property offer the necessary flexibility to avoid this step.

Dombrovskis thus supported the WTO’s call to find a third way among countries such as India or South Africa, which have asked to eliminate Covid-19 vaccines’ patents, and those who defend them at all costs as they consider them the greatest stimulus to innovation. Ngozi Okonjo-Iweala described as unacceptable that 80 percent of vaccines have been supplied to rich countries and only 0.2 percent to low-income countries, because ‘if vaccines are not given to the entire world, the world will not be safe.’

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