U.S. trade agency says ‘promising’ compromise reached on intellectual property waiver at WTO

Author of the article: WASHINGTON — Informal discussions among the United States, South Africa, India and the European Union have resulted in a compromise that could end a deadlock over an intellectual property waiver aimed at helping end the COVID-19 pandemic, the U.S. Trade Representative’s Office said Tuesday. “The difficult and protracted process has resulted…
U.S. trade agency says ‘promising’ compromise reached on intellectual property waiver at WTO

Author of the article:

WASHINGTON — Informal discussions among the United States, South Africa, India and the European Union have resulted in a compromise that could end a deadlock over an intellectual property waiver aimed at helping end the COVID-19 pandemic, the U.S. Trade Representative’s Office said Tuesday.

“The difficult and protracted process has resulted in a compromise outcome that offers the most promising path toward achieving a concrete and meaningful outcome,” USTR spokesman Adam Hodge said.

While no agreement on text had been reached, the parties were consulting on the outcome, he said.

(Reporting by Andrea Shalal and Eric Beech; Editing by Sandra Maler)

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