WTO
NEWS: SPEECHES — DG MIKE MOORE
Geneva, 19
April 2001
Moore welcomes news of settlement of South Africa drug lawsuit
The Director-General of the World Trade Organization today welcomed news of the settlement achieved between the Government of South Africa and research-based pharmaceutical companies.
揟he
stakeholders should be congratulated. It is a win-win situation for
all concerned,?said WTO Director-General Mike Moore.
揟he settlement shows that the WTO抯 Agreements, such as TRIPS, contain the necessary flexibility to meet the health needs of developing countries and can be used as a basis for resolving difficult issues concerning access to essential drugs.?/p>
For more information on TRIPS and pharmaceuticals, see the TRIPS section of the website.