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US backs waiving intellectual property rights for Covid vaccines

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US President Joe Biden yesterday threw his support behind waiving intellectual property rights for COVID-19 vaccines. In remarks to reporters, he voiced his support for the waiver, which is a sharp reversal of the previous US position.

US President’s top trade negotiator, Katherine Tai, also issued a statement and backed negotiations at the World Trade Organization. Tai said that the extraordinary circumstances of the COVID-19 pandemic call for extraordinary measures.

The head of the World Health Organization, Tedros Adhanom Ghebreyesus, called Biden’s move a monumental moment in the fight against COVID19 on Twitter, and said it reflected the wisdom and moral leadership of the United States.

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