Russia ready to back waiving intellectual property rights for Covid vaccines, as Putin says now ‘not the time to maximize profits’

fighting the pandemic.

Russian President Vladimir Putin has said that Moscow would support relinquishing patent rights for Covid-19 vaccines, given the importance of fighting the pandemic.

The proposals to waive intellectual property rights for Covid-19 vaccines “don’t contradict” the rules of the World Trade Organization (WTO), which allow such an option during emergencies, Putin said on Thursday.

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