The European Union urges rich countries to share the future coronavirus vaccine with poor neighbors
Brussels: Ursula von der Leyen, head of the European Commission, urged rich countries to make preparations to share any future coronavirus vaccine with their poor neighbors, as they launched Brussels’ epidemic strategy.
Ahead of an address to the European Parliament, the head of the EU executive said Wednesday that member states would work together without “damaging competition” to find a vaccine – and suggested that other world powers do the same.
“We are working toward a global summit on June 27,” said von der Leyen, referring to the second phase of an international fund-raising effort that began with the May 4 videoconference and has so far $ More than 9 billion pledges have been seen.
He said, “We will explore with our international partners whether a significant number of countries will agree to jointly take future vaccine companies for pool resources, while at the same time for low and middle income countries Making reservations in advance. “
“High-income countries will then function as an inclusive international buyer group”.
Later, von der Leyen was to unveil an action plan that would allow Brussels to sign an “advance purchase contract” with vaccine producers, established during the crisis by the block’s emergency aid tool – approximately 2.4 billion euros. Was.
World laboratories are rushing to find a vaccine in record time – perhaps twelve to 18 months – than many years under normal conditions, and the advance payment will allow them to invest in production capacity even before human clinical trials.
This commitment in turn empowers member states to purchase a certain number of doses at a fixed price after the vaccine is made available, in return for the risk invested.