The Latest Breaking News from Ngozi OkonjoIweala

WTO strikes global trade deals after 'roller coaster' talks

The World Trade Organization agreed on the first change to global trading rules in years on Friday as well as a deal to boost the supply of COVID-19 vaccines in a series of pledges that were heavy on compromise.

Reuters · Jun 17, 2022

World Trade Organization seeks shot in the arm with Covid jab IP idea

The WTO's search for a role in fighting the pandemic sharpened up on Monday as ministers seek a compromise to lift intellectual property rights on Covid-19 vaccines.

France 24 · Jun 14, 2022

WTO warns of 'rocky road' with food shortages, vaccines on agenda in Geneva

The World Trade Organization is gathering in Geneva for its first ministerial meeting in nearly five years to tackle food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid vaccines.

Radio France Internationale · Jun 13, 2022

WTO looks to reach trade deals with its fate on the line

Government ministers from World Trade Organization member countries are gathering for four days to tackle key issues like overfishing of the seas, COVID-19 vaccines for the developing world and food security

The Independent UK · Jun 11, 2022

Morning Brief: Top Financial Stories Dominating on Wednesday, June 8

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Benzinga · Jun 8, 2022

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 · Jun 8, 2022

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 · Jun 3, 2022

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

The Guardian - UK · May 9, 2022

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.

Reuters · May 3, 2022

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 - US · May 3, 2022