Vaccine nationalism

Subject: IR

Context:

Even before the end of final stage human trials or regulatory approval, several wealthier countries like Britain, France, Germany and the US have entered into pre-purchase agreements with Covid-19 vaccine manufacturers

Concept:

• When a country manages to secure doses of vaccines for its own citizens or residents and prioritises its own domestic markets before they are made available in other countries it is known as ‘vaccine nationalism’.
• This is done through pre-purchase agreements between a government and a vaccine manufacturer.
• In order to bring about equitable and broad access, WHO, the Coalition for Epidemic Preparedness Innovations, and Gavi have come up with an initiative known as “Covax Facility”.
• The facility aims to procure at least two billion doses of Covid-19 vaccines by the end of next year for deployment and distribution mainly in the low- and middle-income countries