Friday, August 12

G20: Draghi called for “removing trade barriers” for Covid-19 vaccines

“Even before we faced protectionism, unilateralism and nationalism, but the more we face our challenges, the clearer it is that multilateralism is the best answer, “he added.

Draghi indicated that “going alone is not an option” and once again highlighted multilateralism as “only possible solution” to address issues as diverse as the pandemic, climate change and the creation of a fair and equitable tax system.

The host of the meeting that will take place today and tomorrow underlined the “successful vaccination campaigns” that allowed the global economy to “rebound” almost two years after the first cases of coronavirus appeared.

“Many of our countries launched recovery plans to increase growth, reduce inequities, and promote sustainability. Together, we are building a new economic model and the world will be so much better for that.” he indicated to the rest of the leaders.

“However, we must be aware of the challenges we collectively face. The pandemic is not over and there are alarming disparities in the global distribution. In high-income countries, more than 70% of the population received at least one dose. In the poorest ones this percentage is reduced to approximately three percent, “he countered.

“These differences are morally unacceptable and undermine the global recovery,” he pointed.

Draghi said that the international community is close to meeting the goal set by the World Health Organization (WHO) to immunize 40% of the population by the end of this year and called for progress to reach 70% inoculated by mid-September. 2022.

“We must continue to invest in research, remove trade barriers that affect Covid-19 vaccines, and improve predictability in their delivery,” listed, among the objectives to achieve the goal.

And I add: “We need to strengthen supply chains while expanding vaccine manufacturing capacity locally and regionally.”