EU’s trade response to pandemic stops short of vaccine IP waiver

The European Union will encourage World Trade Organization members to phase out export restrictions for vaccines, but will stop short of supporting an American-backed proposal to suspend intellectual property rights meant to boost the supply of Covid shots.
Photo: DANIEL BECERRIL/REUTERS / X03208
Photo: DANIEL BECERRIL/REUTERS / X03208
By Bryce Baschuk, Bloomberg

(Bloomberg) ­The European Union will encourage World Trade Organization members to phase out export restrictions for vaccines, but will stop short of supporting an American-backed proposal to suspend intellectual property rights meant to boost the supply of Covid shots.

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