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View all search resultsWTO director-general Ngozi Okonjo-Iweala said the trade ministers' conference had struck an "unprecedented package of deliverables" after the global trade body's 164 members passed the deals just before 5:00 am (0300 GMT) at the organisation's headquarters in Geneva.
In an open letter to President Joe Biden published late Wednesday, the group said it was "gravely concerned by the very slow progress" in scaling up global vaccine access and inoculation in low- and middle-income countries.
High awareness of intellectual property rights (IPR) will reduce unfair competition since IP owners will be protected; no one else could use their product without their permission if they registered their IP. This would encourage the growth of creative economies and increase investor trust. People’s awareness of IPR would protect customers from low-quality products.
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