Home World Global Alliance for Vaccines and Immunization: “self-financed economies” have the opportunity to choose specific vaccines
Global Alliance for Vaccines and Immunization: "self-financed economies" have the opportunity to choose specific vaccines

Global Alliance for Vaccines and Immunization: “self-financed economies” have the opportunity to choose specific vaccines

by YCPress

China signed an agreement with the Global Alliance for Vaccines and Immunization to formally join the “Covid-19 Vaccine Implementation Plan.”

 The economies participating in the “Covid-19 Vaccine Implementation Plan” are divided into “self-financed economies” and “funded economies.”

Alleria Nguyen, executive director of the Global Alliance for Vaccines and Immunization, said in an exclusive interview with a reporter from the main station. Under circumstances, self-financed economies can express their preferences and choose a particular vaccine in the vaccine portfolio.

According to the operating mechanism of the “Covid-19 Vaccine Implementation Plan”, “self-financed economies” including my country need to commit to the plan to purchase vaccines for a certain proportion of the population of the economy and pay advances, while “funded economies” do not need to pay advances.

Alleria Nguyen said that the “Covid-19 Vaccine Implementation Plan” requires a total of US$7 billion in donations before the end of 2021 to purchase the first batch of Covid-19 vaccines for 92 low- and middle-income countries.

The current first-round funding target is US$2 billion.

Which is expected to be reached before the end of this year. In addition, delivery of vaccines to low- and middle-income countries requires an additional $1.6 billion to cover transportation and storage costs.

Alleria Nguyen, executive director of the Global Alliance for Vaccines and Immunization: In some cases, self-financed economies can express their preferences and choose a specific vaccine in the vaccine portfolio over other vaccines. 

We will try our best to meet their preferences, but the supply of vaccines is limited, and not all countries can get their first choice immediately. 

We will ensure that the vaccines we provide are safe and effective, and suitable for use in the specific environment of each country.