World trade body chief says vaccine inequity 'unacceptable'

 

The head of the World Trade Organization called Thursday for expanded capability in developing countries to manufacture vaccines, saying the gaping imbalance in access to coronavirus vaccines that mostly favours rich, developed countries was unacceptable.

WTO Director-General Ngozi Okonjo-Iweala said she supports the creation of a framework that would give developing countries some automaticity and access to manufacture vaccines with technology transfer during future pandemics, decrying the vaccine inequity of the current one.

The idea that 70 per cent of vaccines today have been administered only by 10 countries is really not acceptable, Okonjo-Iweala told reporters while hosting French Economy Minister Bruno Le Maire at WTO's Geneva headquarters.

Scores of the trade body's member nations have backed efforts led by South Africa and India to get the WTO to grant a temporary waiver of its intellectual property pact to help boost COVID-19 vaccine production at a time of insufficient supplies. Read More