US Supports Waiving Intellectual Property Protections For COVID-19 Vaccines.

The United States has expressed support for the waiving of intellectual property protections for COVID-19 vaccines saying although Biden-Harris administration believes in intellectual property rights, ending the pandemic was more crucial. We present below a statement issued from the President’s office.

STATEMENT FROM AMBASSADOR KATHERINE TAI ON THE COVID-19 TRIPS WAIVER

WASHINGTON — United States Trade Representative Katherine Tai today released a statement announcing the Biden-Harris Administration’s support for waiving intellectual property protections for COVID-19 vaccines.

“This is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures. The Administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines. We will actively participate in text-based negotiations at the World Trade Organization (,170) 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.

“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.”

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