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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.

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The stakeholders should be congratulated. It is a win-win situation for all concerned,” said WTO Director-General Mike Moore.

The settlement shows that the WTO’s 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.”

For more information on TRIPS and pharmaceuticals, see the TRIPS section of the website.