Trade Therapy

Page 155

Deepening Cooperation on Medical Goods and Services Trade

the United Nations Conference on Trade and Development, and the International Competition Network have published reports and recommendations on competition policy in the context of the COVID-19 pandemic (Goodwin and Barajas 2020; OECD 2020; UNCTAD 2020; ICN 2020).

COOPERATION BEYOND TRADE AGREEMENTS FOR GLOBAL HEALTH SECURITY The Multilateral Leaders Task Force on COVID-19 Vaccines, Therapeutics, and Diagnostics (“Multilateral Leaders Task Force”) has called on the international community to step up its response beyond trade by48

• • • • •

Urgently closing financing gaps, including through up-front grant contributions to address the gap in the Access to COVID-19 Tools Accelerator (ACTA), discussed further below; Accelerating vaccine deliveries and vaccine sharing; Ensuring that countries have the diagnostics, therapeutics, and other tools they need, including oxygen, to manage the health crisis; Addressing supply chain bottlenecks to scale up production and deployment of vaccines, testing, and therapeutics; and Working with countries to address readiness issues, such as cold chain storage and distribution, so countries are prepared to deploy vaccines as soon as they are available.

These efforts call for enhanced cooperation between states, between states and nonstate actors, and between international organizations.

Cooperation between states International cooperation that contributes to global health security occurs in many domains beyond trade. WHO, the United Nations Children’s Fund (UNICEF), the World Tourism Organization (UNWTO), and the International Civil Aviation Organization (ICAO), to name just a few international organizations, all pursue activities that have a direct bearing on global health security. Extensive cross-country collaboration among scientists and researchers in developing new vaccines and therapeutics, cooperation among regulators, and new multilateral initiatives such as ACT-A and COVAX are examples of cooperation to combat the global pandemic. COVAX established a 10-nation Regulatory Advisory Group to provide feedback and guidance on COVID-19 vaccine development and activities. Numerous groups of experts were created to resolve technical issues pertaining to COVID-19 vaccine development projects (McGoldrick et al. 2022). These examples of cooperation, both formal and informal, complement the work of the primary multilateral agency charged with safeguarding global health: WHO.

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response for future pandemics

18min
pages 177-187

Notes

11min
pages 165-168

References

12min
pages 169-174

3.2 Low levels of GATS commitments in medical services trade

1min
page 147

commitments than in GATS

15min
pages 148-154

Cooperation beyond trade agreements for global health security

22min
pages 155-164

3.3 Potential commitments to bolster governance of trade policy in global crises

20min
pages 131-139

Trade policy cooperation to contribute to global health security

3min
pages 127-128

3.5 Traceability and illicit trade in medical products in Africa

5min
pages 145-146

B3.4.2 Types of health technology transfer programs reported by WTO developed country members under TRIPS Agreement, art. 66.2, 2018–20

5min
pages 142-144

3.2 Pricing policies for medical goods in the context of international trade

6min
pages 124-126

3.1 RTA cooperation during the COVID-19 pandemic

6min
pages 121-123

References

12min
pages 114-118

Policies affecting medical goods and services trade during the COVID-19 pandemic

2min
page 96

the onset of the COVID-19 pandemic (excluding China), January 2020 to March 2022

5min
pages 108-110

Notes

8min
pages 111-113

2.11 NRA decisions on WHO-EUL COVID-19 vaccines, December 2020 to February 2022

8min
pages 104-107

2.7 Government support measures for the medical goods sector predated the pandemic

6min
pages 93-95

2.4 Trade in medical services faces many trade barriers

5min
pages 88-90

References

8min
pages 71-74

2.2 WTO-notified quantitative restrictions, by type and member income group, 2018–19

3min
pages 80-81

2.3 Progress on implementation commitments under the WTO Trade Facilitation Agreement

10min
pages 82-86

1.22 The vaccine value chains

3min
pages 68-69

2.2 Development of export-oriented medical services in selected countries

2min
page 87

1.17 Exports of PPE soared early in the COVID-19 pandemic

0
page 63

Notes

2min
page 70

1.11 Trade in medical services hit US$78.6 billion in 2019

1min
page 56

1.3 Recent FDI trends in medical goods and services

2min
page 46

Personnel—and the blurred boundaries between trade in medical services and migration of health workers

5min
pages 43-44

1.6 MNCs’ contribution to global value added and exports varies by industry

3min
pages 50-51

Patterns in medical goods and services trade before the pandemic

2min
page 52

B1.1.1 Private health insurance schemes as a share of total health expenditure in selected countries, 2019

3min
pages 41-42

1.1 Access to health care: The role of (trade in) health insurance services

2min
page 40

Drivers of trade in medical goods and services

2min
page 36

of medical goods and services, leading to concentration

8min
pages 32-35

Notes

1min
page 23

1 Trade and trade-related policy actions to improve prevention, preparedness, and

2min
page 20

Deepening cooperation on medical goods and services trade

4min
pages 21-22

Stronger trade systems for better global health security

1min
page 25

References

1min
page 24

Organization of the report

1min
page 26

Reference

0
pages 27-28

The medical goods and services trade: Relevance, characteristics, and welfare implications

1min
page 29
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