The Chinese authorities took a stand this Thursday in favor of the World Trade Organization (WTO) proposal on the intellectual property exemption related to vaccines against COVID-19, proposing to move to the stage of consultations to draft a law agreement on this matter.
The trade ministry spokesman for the Asian giant Gao Feng has pointed out in a statement that Beijing supports the idea of suspending patents for vaccines against the coronavirus in this regard.
“WTO members are discussing the issue of global access to vaccines. China believes the WTO can play a positive role here,” added Gao, who indicated that China supports the suspension of intellectual property rights.
Therefore, he stressed that by participating in the consultations, China will “promote a fair and effective decision so that all states can defeat the pandemic as soon as possible”.
The administration of US President Joe Biden has supported the removal of the intellectual property protection of vaccines against COVID-19 and announced that Washington will actively participate in the negotiations on this issue, which are taking place within the framework of the WTO.
The patent suspension initiative was launched in 2020 by India and South Africa. Since then it has been supported by around 60 countries.