U.S. government foreign trade representative Katherine Tai said that the Biden administration firmly believes in intellectual property protection, but clarified that the U.S. supports the exemption of these protections to help end the pandemic.
Mexico City (APRO)..-U.S. government foreign trade representative Katherine Tai (Katherine Tai) announced today that the Biden government firmly supports the proposal to exempt the protection of intellectual property rights for the coronavirus vaccine to accelerate the end of the pandemic.
As the World Trade Organization (WTO) negotiated to relax international trade rules to allow more countries to produce vaccines, the United States gave open support.
In a statement issued on Wednesday, Dai Bingguo said that the government firmly believes in intellectual property protection, but clarified that to help end the pandemic, it supports exempting those protective measures against the covid-19 vaccine.
However, he warned that it will take time to reach a consensus. The protection measures under WTO rules need to be abandoned, and US officials have stated that this will not have an immediate impact on global supply.