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Reuters
Reuters
Business
Emma Farge

Main negotiators reach 'outcome' on COVID vaccine IP waiver

A man attends a demonstration for an intellectual property rights waiver for COVID-19 vaccines and supplies aside from meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) of the World Trade Organization (WTO) headquarters in Geneva, Switzerland, November 30, 2021. REUTERS/Denis Balibouse/File Photo

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.

WTO director-general Ngozi Okonjo-Iweala, who has made vaccine equity her top priority since taking office in 2021, has been working for months to broker a compromise between the United States, the European Union, India and South Africa to break an 18-month-long impasse.

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