The World Trade Organization has struck deals on a partial patent waiver for Covid-19 vaccines, and made agreements in several other fields of global contention, after a tense six-day ministerial meeting that has renewed some faith in the battered multilateral trading system.
Trade ministers temporarily extended duty-free trade in digital products such as films, computer software and data, and agreed to curb some fishing subsidies and to limit food export restrictions.
The WTO’s 164 members also agreed to update the organisation’s working practices and try to reinvigorate its dispute-settlement system, which has been hamstrung for years by US non-cooperation.
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