Pandemic agreement: WTO ministerial extended Thursday in Geneva

Pandemic agreement: WTO ministerial extended Thursday in Geneva

WTO ministerial extended Thursday in Geneva

The Ministerial of the World Trade Organization (WTO) will continue Thursday in Geneva. The 164 members are trying to snatch an agreement on the response and the pandemic or even on fishing subsidies.

“The 12th ministerial meeting will continue for a fifth day, until Thursday,” the organization said on social media on Wednesday. Consultations were conducted by Director General Ngozi Okonjo-Iweala, the Kazakh president of the conference, the vice-presidents and the facilitators of the negotiations.

“Time is running out,” said Dr Ngozi on Tuesday. India is adamant on the fisheries issue. But an arrangement on the response to the pandemic seems possible. Constituents are still struggling to reach a consensus among members on interim exceptions to intellectual property for coronavirus vaccines.

For Switzerland, under pressure for a year from states and NGOs to accept a provisional lifting of patents on technologies against the coronavirus, an agreement will only be acceptable if it considers intellectual property as a solution in this case.

Source