The EU, South Africa, the US and India have reached an agreement on the difficult issue of waiving intellectual property rights on Covid-19 vaccines. These four members had been negotiating on the issue for several weeks, on the advice of WTO Director General Ngozi Okonjo-Iweala, to try to break the deadlock in the negotiations. The text they agreed on still has to be submitted to all members of the World Trade Organization (WTO).
According to the text of the agreement, which EUROPE has...