The EU has informed the World Trade Organization of its alternative plan to the requested intellectual property (IP) rights waiver, which the bloc says will help bolster supplies of Covid vaccines. The proposal presented by the European Commission on Friday is designed to be an alternative option to the IP waiver requested by developing nations, with a view to using flexible WTO rules to improve equitable access to vaccines. The EU’s approach seeks to reduce export restrictions to the minimum level required, encourage vaccine manufacturers to independently agree to deals with developing nations, and use existing WTO rules to allow lice
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