3/17, 1:44 PM (Source: TeleTrader)
more TeleTrader news

EU to reflect on vaccine exports - von der Leyen

"We will reflect on whether [coronavirus vaccine] exports to countries who have higher vaccination rates than us are still proportionate," European Commission President Ursula von der Leyen revealed on Wednesday.

Speaking at a press conference, she specified that the United States and the United Kingdom do not export vaccines, while the European Union does, underlining that the bloc has to make sure that "reciprocity and proportionality" are respected and that the EU will look at "how to make exports to vaccine-producing countries dependent on their level of openness." Brussels has exported 41 million doses to 33 countries over the past six weeks, according to von der Leyen.

Meanwhile, she also said that Pfizer Inc. and Moderna Inc. are fulfilling their contractual obligations for the first quarter vaccine deliveries and that Pfizer, Moderna and Johnson & Johnson will supply the bloc with 200 million, 30 million and 55 million vaccines in the second quarter, respectively. AstraZeneca, on the other hand, has delivered 30 million out of 90 million shots from the contract and will deliver 70 million of 180 million for the second quarter.

Breaking the News / MS