By The Associated Press
BRUSSELS â The head of the World Trade Organization says itâs paramount to diversify vaccine manufacturing and develop production in Africa and Latin America to contain the coronavirus pandemic.
On the eve of a global health summit in Rome, WTO Director-General Ngozi Okonjo-Iweala told European Union legislators on Thursday that normal market forces for exports and imports canât apply when it comes to the life-or-death issue of COVID-19 vaccines. Many of the worldâs wealthiest nations were hoarding the shots for their own population.
She says the world has the capacity to manufacture 5 billion vaccine doses overall but as the virus has spread âwe require twice and three times that. So the capacity was not there.â
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