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The Latest Breaking News from WTO

COVID-19 Vaccine Patent Waiver Expected Soon, Says WTO Head: Reuters

In a telephone interview with Reuters, WTO's Director-General Ngozi Okonjo-Iweala, an agreement on waiving intellectual property rights for COVID-19 vaccines is within reach. A key World Trade Organization (WTO) meeting is scheduled next week to discuss the COVID-19 vaccine patent waiver debate. "If we get one or two deliverables, that…

Benzinga

COVID vaccine rights waiver within reach, WTO chief says ahead of meeting

An international agreement on waiving intellectual property rights for COVID-19 vaccines is within reach ahead of a global trade meeting next week, the head of the World Trade Organization said on Wednesday.

Reuters

Saudi Tourism Ministry Launches Global Program to Train 100,000 Young Men, Women

The Ministry of Tourism launched Tuesday the "Tourism Pioneers" program, which aims to develop the capabilities of 100,000 young Saudi men and women in the field of hospitality, tourism and travel. Minister of Tourism Ahmed bin Aqeel Al-Khateeb launched the program on the sidelines of the 116th session of the…

Asharq Al-Awsat

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Globalization Is Alive, Well, and Changing

America can join with more free trade or it can miss out.

Reason

The IPEF holds promise but there are perils too

The U.S. has been carefully constructing the framework and India, despite endorsing it, needs to be wary of hurdles

The Hindu

We still need a vaccine patent waiver, but not the one on offer at the World Trade Organization meeting

In mid-June, the World Trade Organization (WTO) will meet to finish negotiations to waive certain sections of the agreement on Trade Related Intellectual Property Rights (TRIPS). However, it is not the TRIPS waiver originally proposed 18 months ago by member states South Africa and India, which would have allowed countries…

The Conversation

India’s role in global health diplomacy is at stake

Staying silent in the negotiations ahead of the WTO’s upcoming ministerial on June 12-15 is not an option

The Hindu

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What could the WTO ministerial conference achieve?

Ministers from across the globe are convening for a conference at the World Trade Organization in Geneva for the first time in more than four years from June 12-15. It comes at a critical juncture for the body and for global trade.

Reuters

WTO seeks fish, vaccine deals as war ignites trade tensions

The World Trade Organization will host ministers from across the globe this month with the aim of striking deals on fish and vaccines, testing the world's ability to set trade rules at a time of mounting tensions.

Reuters

NGOs protest Commerce Ministry inaction on WTO COVID-19 vaccine proposal

They write to Prime Minister asking him to renegotiate the draft proposal to waive intellectual property rights on vaccines and highlight the need for active engagement to improve it

The Hindu

Hard Brexit plans by ex-MI6 chief hacked and leaked by Russians

Emails describe strategy in 2018 by Sir Richard Dearlove and others to ensure Britain left EU on WTO terms

The Guardian - UK

A restored WTO just the tonic

Russia's invasion of Ukraine has heightened everyone's appreciation of global issues and interconnectivity. In addition to geopolitical and defence concerns, there is a renewed focus on the state of international trade. After continuing Donald Trump's destructive trade policies for more than a year, US President Joe Biden's administration finally appears…

Bangkok Post

NGOs urge Biden to push for changes to WTO's COVID waiver text

Oxfam America, Partners in Health and other civil society groups urged U.S. President Joe Biden to press for changes in a draft agreement on waiving intellectual property rights for COVID-19 vaccines, underscoring divisions over the current text.

Reuters

Worldview with Suhasini Haidar | How does the wheat export ban affect foreign policy?

In this episode, we examine the effect India’s flip-flop on wheat exports will have on its foreign policy.

The Hindu

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The Times of India

Global economy loses $1.6 trillion as world struggles to avoid a new cold war

LONDON: The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at a frightening pace.

The Guardian - UK

UK must accept border on Irish Sea is inevitable, says ex-WTO chief

Pascal Lamy says row is solvable if PM stops using emotional Brexit politics to solve ‘technical problem’

The Guardian - UK

Climate geoengineering must be regulated, says former WTO head

Pascal Lamy to lead commission exploring how methods to tackle global heating could be governed

The Times of India

India wants WTO to play its role in containing global inflation

NEW DELHI: India wants the World Trade Organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries.

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The Guardian - UK

Affordable Covid drugs kept out of reach by sluggish WTO

Analysis: EU and US pharma giants’ intellectual property rights stop poorer countries accessing vital medication – despite WTO claims of progress

Reuters

WTO meeting on COVID vaccine rights waiver went 'very well' -chair

The first World Trade Organization meeting to discuss a draft agreement to temporarily waive intellectual property rights for COVID-19 vaccines went "very well", its chair said on Friday, although some members voiced reservations.

Bangkok Post

Ministry to host Apec trade talks

The Commerce Ministry is set to host Asia-Pacific Economic Cooperation (Apec) trade ministers in Bangkok, with renewed talks on the long-delayed Free Trade Area of the Asia-Pacific (FTAAP) and open economies topping the agenda.

Bangkok Post

Action urged on export ban

Thailand is joining 53 member countries to propose the World Trade Organization (WTO) address export bans on food and agricultural products after members who are net food importers raised concerns about food shortages based on the pandemic and the Russia-Ukraine war.

Reuters

Main negotiators reach 'outcome' on COVID vaccine IP waiver

The four main parties to negotiations on an intellectual property waiver for COVID-19 vaccines have prepared an "outcome document" for approval by the broader membership, the WTO said on Tuesday, with its chief hoping for a final deal by June.

The Guardian - US

Hopes rise for Covid vaccine patent waiver after key countries agree on proposal

The proposal, if passed by the full council, could allow other countries to make vaccines without paying pharmaceutical companies

The Guardian - UK

Covid vaccine inequity due to ‘racism rooted in slavery and colonialism’

Global failure to redress race-based injustice has led to higher death rates and worsened discrimination, UN says

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