Washington: The Biden administration has announced to support India and South Africa's proposal before the World Trade Organisation to temporarily waive anti-COVID vaccine patents to boost its supply.
US Trade Representative Katherine Tai on Wednesday said this is a global health crisis and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures.
"The (Biden) administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines, Tai said.
The Biden administration's decision will make it easier for the WTO's General Council to approve the proposal.
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The General Council's meeting is currently underway in Geneva.
"We will actively participate in text-based negotiations at the World Trade Organisation (WTO) needed to make that happen. Those negotiations will take time given the consensus-based nature of the institution and the complexity of the issues involved," Tai said.
Over the last one month, Tai had extensive consultations with various stakeholders both within and outside the US. The White House described it as a policy process.
"The administration's aim is to get as many safe and effective vaccines to as many people as fast as possible. As our vaccine supply for the American people is secured, the administration will continue to ramp up its efforts working with the private sector and all possible partners to expand vaccine manufacturing and distribution. It will also work to increase the raw materials needed to produce those vaccines," Tai said.
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