City
Epaper

India among WTO's 5 member nations to produce 75pc of world's COVID-19 vaccines

By ANI | Updated: July 22, 2021 03:25 IST

Five member states of the World Trade Organisation (WTO) alone will account for three-quarters of the entire global output of COVID-19 vaccines this year, said Director-General Ngozi Okonjo-Iweala on Wednesday.

Open in App

Five member states of the World Trade Organisation (WTO) alone will account for three-quarters of the entire global output of COVID-19 vaccines this year, said Director-General Ngozi Okonjo-Iweala on Wednesday.

"Production remains highly centralised - about 75 per cent of this year's vaccines appear set to come from five WTO members - China, India, Germany, the United States, and France," the WTO Director-General said at a high-level dialogue on "Expanding COVID-19 vaccine manufacture to promote equitable access."

Okonjo-Iweala said discriminatory access to vaccines is a root cause of the unequal recovery of the global economy, in which developed economies are rebounding quickly while the rest are lagging behind.

The lack of full transparency in vaccine supply deals is another reason for concern, she said as the world administered worldwide 1.1 billion COVID vaccine doses in June.

"Of those 1.1 billion doses in June, only 1.4 per cent went to Africans, who account for 17 per cent of the global population. Only 0.24 per cent went to people in low-income countries. And both shares declined even further in the first half of July," she said.

"In developed countries, 94 doses have been administered for every 100 residents. In Africa, the figure is 4.5 per cent. In low-income countries, it's 1.6 per cent. In Africa, only 20 million people, or 1.5 per cent of the population, are fully vaccinated, compared to 42 per cent of people in developed countries. We cannot accept this, for moral, practical, and economic reasons."

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: World trade organisationchinaNgozi
Open in App

Related Stories

International'Illegal Military Operations': China Accuses US and Israel of Strait of Hormuz Crisis

NationalDelhi Government Orders Removal of 2.5 Lakh Chinese CCTV Cameras Over Security Concerns

InternationalChina: Four Dead, Nine Injured After Explosion at Highway Tunnel Construction Site in Chongqing

InternationalChina: Casualties Feared After Bulldozer Runs Over Crowd in Beijing Market (Watch Video)

MumbaiMumbai: DRI Seizes Restricted Goods Worth ₹9.25 Crore; Two Firm Owners Arrested

International Realted Stories

InternationalLPG crisis bites hard as rising daily bread prices expose Pakistan's economic distress

InternationalPakistan: People in Karachi pay increased fare as transport owners defy govt orders

InternationalIndia-US discuss West Asia developments, deepening defence ties during Foreign Secy Misri's visit

InternationalBangladesh: Awami League condemns parliamentary bill banning party as ‘disgraceful act’

InternationalJapanese global cosmetic brand KOSE shares strategy with special attention to India