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In final stretch, pandemic treaty talks narrowing on benefit sharing

A $10.5 billion global fund for pandemic preparedness would cost a fraction of the devastation the treaty seeks to prevent.

The COVID-19 pandemic cost the global economy an estimated $12.5 trillion in lost output. (Martin Sanchez/Unsplash)

GENEVA (AN) — When nations reconvene on a new pandemic agreement, they will grapple with at least 17 draft text proposals for a new regulatory framework.

The talks resumed on Monday, centered on a fundamental disagreement between countries that want a legally binding system for sharing pathogens and benefits and those that prefer a voluntary, contract-based approach to protect intellectual property.

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