Talks aimed at waiving intellectual-property rules for Covid-19 vaccines reached a potential breakthrough as the U.S., EU, India and South Africa advanced a compromise outcome to circumvent certain World Trade Organization rules for vaccine production.
“This is a major step forward and this compromise is the result of many long and difficult hours of negotiations,” WTO Director-General Ngozi Okonjo-Iweala said in a statement on Wednesday. “But we are not there yet.”