South Africa's Ramaphosa: TRIPS waiver urgent to save millions of lives - Reuters

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South African President Cyril Ramaphosa attends a press conference at the G20 Compact with Africa (CwA) meeting in Berlin, Germany, August 27, 2021. REUTERS/Michele Tantussi

JOHANNESBURG, Sept 28 (Reuters) - South African President Cyril Ramaphosa said on Tuesday that passing a time-bound, targeted TRIPS waiver on patents on COVID-19 products was urgent to save millions of lives during the pandemic.

"This is not the time just to be uni-dimensionally focused on just profit. This is the time to save lives," Ramaphosa told an event organised by the World Trade Organization.

He added that the success of developing countries in combating climate change would require concessional funding to support a just transition.

Reporting by Alexander Winning; Editing by Catherine Evans

Our Standards: The Thomson Reuters Trust Principles.

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