The five member states of WTO alone will account for three-quarters of the entire global output of COVID-19 vaccines this year.
Daily Current Affairs Quiz 2021
The production remains highly centralised as about 75 per cent of this year’s vaccines appear set to come from five WTO members – India, Germany, US, France and China.
WTO DG said, 1.1 billion COVID vaccine doses were administered worldwide in June this year.
The World Trade Organization is an intergovernmental organization that regulates and facilitates international trade between nations.
The World Trade Organization is an intergovernmental organization that regulates and facilitates international trade between nations.
The WTO has 164 members and 25 observer governments. Liberia became the 163rd member on 14 July 2016, and Afghanistan became the 164th member on 29 July 2016. In addition to states, the European Union, and each EU country in its own right, is a member.
