S3M2 Log §

Class: IS306 Created Time: June 22, 2021 2:22 PM Database: Class Notes Database Last Edited Time: June 22, 2021 4:19 PM Type: Seminar

Caucus 1: comments on DR §

• Indonesia, South Africa, Fiji, Egypt, Nigeria, Guatamala supported dropping Intellectual property
  • Poorer countries think so
• UK recognizes needs from poorer countries
  • Agrees to cooperate with other vaccine manufacturers to make more vaccines and distribute better?
• US says the vaccine process is in WTO hands
• Many others
• China believes intellectual property rights shouldn’t be suspended
  • More production hubs will cause less effective vaccines in the future
    • Put effort into new vaccines instead of mass producing old vaccines
• Japan support suspending Intellectual property rights

Caucus 2: economic recovery §

• Nigeria asks for debt reliefs from rich countries
• China is working with G20 to implement debt service suspension over a time frame on poor countries
  • Urge int organizations to take the same actions as well
• US: many countries are in debt, relieving debts aren’t sustainable
  • focus on economic recovery instead, public health sector…
• Russia brings up sanctions
  • Poor countries already have hard time dealing with lockdown, economic slow downs
  • Sanctions make global economic recovery more difficult
  • Should focus on the issue right now which is cooperate in fighting COVID-19 together
  • Calls for suspension of sanction
• Japan believes free trade shouldn’t stop
  • support debt reliefs as a member of G7
• US: respond to Russia
  • Economic sanctions isn’t the only sanction there are
    • North Korea violate int. law of developing nuclear war: requires stopping them
  • Russia interfere US election: cyber crime
• Korea about fair sale of covid vaccines
• China thinks we should put down political issues first and focus on stopping the virus
  • Maintain free trade and cooperation

Comments on DR §

• Fiji
• Guatamala
• US: There’s already past DR that mentioned economic concerns
  • Fiji is concerned over climate change which is fulfilled by the SDG

Russia Amendment on Clause 2 §

2. Urges all countries who have surplus Covid-19 vaccines to donate to the countries are in needs of vaccines Bilaterally or through the COVAX facility multilaterally;

• Russia: believes int community should take all methods they can to get vaccines. supporting both multilateral and bilateral
  • Multilateral is too slow in roll outs
  • Russia has one of the cheapest vaccines, can be stored without special fridge
• China: ?
• Japan: brings up 50% of vaccines are distributed to the higher income countries
  • COVAX is the best option for poor countries with less bilateral relations
• UK: should go multilateral
• Russia: recognize multilateral framework
  • Should look at all available options using both
  • Most developing countries are facing late roll out of vaccines by COVAX
    • needs isn’t met, so Russia’s deal is quicker to deliver for immediate need
• Guatamala support bilateral (have deal with Russia)
• US says the clause 2 is only referring to urging states that have extra vaccines that they don’t need to be donated to COVAX
• China can donate bilaterally still
  • good for building connections with neighbor countries
• passed

Notes §

• discuss more about how to deliver the vaccines? June 29, 2021
• Exam: Advantages of using bilateral or multilateral or both channels of distribution vaccines