World Trade Organisation (WTO)

WTO TRIPS Waiver and COVID-19 Vaccine Equity

The vaccine inequity is not only morally indefensible but clinically counter-productive. Allowing most of the world’s population to go unvaccinated will only spawn new virus mutations. Preventing this humanitarian catastrophe requires removing barriers – such as TRIPS – to vaccine production and its equitable distribution.

Vietnam in WTO: New Economic Calculations

Vietnam was inducted into the World Trade Organisation (WTO) on November 8, 2006. This was approved by the General Council, the WTO's major decision-making unit, after due deliberations on October 26. One hindrance in the realisation of Vietnam's WTO membership plans has been the passing of the "Permanent Normal Trade Relation" (PNTR) bill in the US Congress. Earlier the United States Finance Committee had passed the bill on August 1, 2006 by 20 to 18 votes in favour.