China makes significant contributions to WTO waiver of COVID-19 vaccine patents: official-Xinhua


Source: news.cn news.cn

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BEIJING, June 20 (Xinhua) -- China has played a constructive role in the World Trade Organization (WTO) negotiations to facilitate a major decision on the waiver of intellectual property rights for COVID-19 vaccines, an official with the Ministry of Commerce said Monday. Due to the exceptional circumstances of the COVID-19 pandemic, developing members will be authorized to produce COVID-19 vaccines without the consent of the right holder for five years, according to the decision made at the WTO's Ministerial Conference Twelfth Session (MC12) from June 12 to 17 in Geneva, Switzerland. At a pivotal stage of MC12 negotiations, China, as...