Pramod Thomas is a senior correspondent with Asian Media Group since 2020, bringing 19 years of journalism experience across business, politics, sports, communities, and international relations. His career spans both traditional and digital media platforms, with eight years specifically focused on digital journalism. This blend of experience positions him well to navigate the evolving media landscape and deliver content across various formats. He has worked with national and international media organisations, giving him a broad perspective on global news trends and reporting standards.
THE US, European Union, India and South Africa have reached a consensus on key elements of a long-sought intellectual property waiver for Covid-19 vaccines, according to a proposed text.
Sources familiar with the talks described the text as a tentative agreement among the four World Trade Organization members that still need formal approvals from the parties before it can be considered official. Any agreement must be accepted by the WTO's 164 member countries in order to be adopted.
Some elements of the consensus deal, including whether the length of any patent waivers would be three years or five years, still need to be finalized, according to the text. It would apply only to patents for Covid-19 vaccines, which would be much more limited in scope than a broad proposed WTO waiver that had won backing from the United States, according to the document.
A vial of the Moderna Covid-19 vaccine is being prepared by a health staff. (Photo by STEVE PARSONS/POOL/AFP via Getty Images)
The document authorizes the use of "patented subject matter required for the production and supply of Covid-19 vaccines without the consent of the right holder to the extent necessary to address the Covid-19 pandemic".
It said IP rights would also be waived for ingredients and processes necessary for Covid-19 vaccine manufacture, a move aimed at granting critical know-how to many countries lacking expertise, especially for advanced mRNA-type vaccines.
The text contained several limitations, including that the waiver is only available to WTO member countries that exported less than 10 per cent of global exports of Covid-19 vaccine doses in 2021.
The tentative agreement does not include Covid-19 treatments or tests, and the limitations would likely exclude China from any waiver, a source familiar with the negotiations said.
The text, which was produced in negotiations last week, was being circulated to officials in Brussels, Washington, Johannesburg and New Delhi before being presented to other WTO members. Adoption of the IP waiver by the consensus-driven organization is far from certain.
'Consultations are continuing'
USTR spokesman Adam Hodge said the informal discussions among the four principal parties had not yet resulted in an agreement but had produced a promising compromise and consultations were continuing.
"The difficult and protracted process has resulted in a compromise outcome that offers the most promising path toward achieving a concrete and meaningful outcome," Hodge said in an emailed statement.
The tentative deal comes after months of negotiations over how to accelerate Covid-19 vaccine production in developing countries, where vaccination rates have lagged far behind wealthy countries.
In talks brokered by WTO Director-General Ngozi Okonjo-Iweala, the US, EU, India and South Africa broke away from negotiations among the organization's 164 members to try to craft an agreement.
Objections from some countries with large pharmaceuticals sectors, including Switzerland and Britain, had stalled progress in negotiations among the larger group. India and South Africa had first proposed the WTO vaccine IP waiver in 2020 as the Covid-19 pandemic exploded.
A spokesperson for the pharmaceutical industry trade group PhRMA said efforts to waive intellectual property commitments are unnecessary and harmful efforts to end the pandemic. Voluntary technology transfer and partnerships have helped vaccine makers to target production of 20 billion doses in 2022, more than enough for the world, she said.
The Norwegian Nobel Committee said Machado was honoured for her efforts to promote democratic rights and pursue a peaceful transition from dictatorship to democracy in Venezuela.
Maria Corina Machado awarded 2025 Nobel Peace Prize for promoting democracy in Venezuela
The Nobel Committee praised her courage and fight for peaceful democratic transition
Machado has been in hiding for a year after being barred from contesting Venezuela’s 2024 election
US President Donald Trump had also hoped to win this year’s Peace Prize
VENEZUELA’s opposition leader and democracy activist Maria Corina Machado has been awarded the 2025 Nobel Peace Prize.
The Norwegian Nobel Committee said she was honoured for her efforts to promote democratic rights and pursue a peaceful transition from dictatorship to democracy in Venezuela.
Machado, who has been living in hiding for the past year, was recognised “for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy,” said Jorgen Watne Frydnes, chair of the Norwegian Nobel Committee, in Oslo.
“I am in shock,” Machado said in a video message sent to AFP by her press team.
Frydnes said Venezuela has changed from a relatively democratic and prosperous country to “a brutal authoritarian state that is now suffering a humanitarian and economic crisis.”
“The violent machinery of the state is directed against the country's own citizens. Nearly eight million people have left the country,” he said.
The opposition has been systematically suppressed through “election rigging, legal prosecution and imprisonment,” Frydnes added.
Machado has been “a key, unifying figure in a political opposition that was once deeply divided,” the committee said. It described her as “one of the most extraordinary examples of civilian courage in Latin America in recent times.”
“Despite serious threats against her life, she has remained in the country, a choice that has inspired millions,” it said.
Machado had been the opposition’s presidential candidate ahead of Venezuela’s 2024 election, but her candidacy was blocked by the government. She then supported former diplomat Edmundo Gonzalez Urrutia as her replacement.
Her Nobel win came as a surprise, as her name had not featured among those speculated to receive the award before Friday’s announcement.
Trump’s hopes for prize
US President Donald Trump had expressed his desire to win this year’s Peace Prize. Since returning to the White House in January for a second term, he has repeatedly said he “deserves” the Nobel for his role in resolving several conflicts — a claim observers have disputed.
Experts in Oslo had said before the announcement that Trump was unlikely to win, noting that his “America First” policies run counter to the principles outlined in Alfred Nobel’s 1895 will establishing the prize.
Frydnes said the Norwegian Nobel Committee is not influenced by lobbying campaigns.
“In the long history of the Nobel Peace Prize, I think this committee has seen every type of campaign, media attention,” he said. “We receive thousands and thousands of letters every year of people wanting to say, what for them, leads to peace.” “We base our decision only on the work and the will of Alfred Nobel,” he added.
Last year, the prize went to the Japanese anti-nuclear group Nihon Hidankyo, a grassroots organisation of atomic bomb survivors from Hiroshima and Nagasaki.
The Nobel Peace Prize includes a gold medal, a diploma, and a cash award of $1.2 million. It will be presented at a ceremony in Oslo on December 10, the anniversary of Alfred Nobel’s death in 1896.
The Peace Prize is the only Nobel awarded in Oslo. Other Nobel Prizes are presented in Stockholm.
On Thursday, the Nobel Prize in Literature was awarded to Hungarian author Laszlo Krasznahorkai. The 2025 Nobel season concludes Monday with the announcement of the economics prize.
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