The spokesperson for the Chinese Foreign Ministry, Wang Wenbin, on Thursday, said China is prepared to discuss sharing patents for the Coronavirus vaccines within the World Trade Organisation (WTO).
Washington had already declared that it would be in favour of suspending intellectual property rights for COVID-19 vaccines.
The U.S. said that it would actively engage in talks on this matter within the WTO.
The International Federation of Pharmaceutical Manufacturers & Associations said it was disappointed with this decision.
The federation believes that the step would not help boost vaccine production and would not lead to any practical solutions.
“China is ready to have a constructive dialogue within the WTO and to achieve a positive and fair solution,” the spokesperson told a briefing, when asked if China was ready to give up the rights to its vaccines.
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401...