WTO inks Food, Fishing, COVID Vaccine deals

GENEVA: The World Trade Organization concluded deals Friday on tackling food insecurity, curbing harmful fishing subsidies and temporarily waiving Covid-19 vaccine patents after days of round-the-clock talks.
WTO 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.
“Not in a long while has the WTO seen such a significant number of multilateral outcomes,” she said. –Agencies