WORLD NEEDS TO DOUBLE OR TRIPLE THE VACCINE PRODUCTION: WTO CHIEF

  • 17/05/2021

The world needs to boost the production of vaccines, doubling or even tripling it, Ngozi Okonjo-Iweala, the World Trade Organization chief, said at the Paris Peace Forum on Monday."We need to scale up manufacturing [of vaccines]. Right now the world is capable of manufacturing about 5 billion doses of all kinds of vaccines but now we need to double that - to 10-15 billion doses. And the point is that we do not have the manufacturing capacity to do this," she said.

According to the WTO chief, the world needs to invest in three components to battle the pandemic - preparedness, response and resilience. She also outlined several priorities that the upcoming G20 and G7 summits should concentrate upon. According to Okonjo-Iweala, the first priority is sharing since "we can still achieve a lot by sharing doses ."The next priority is manufacturing and it will be very important if the world has partnerships between private sectors and the government. Lifting restrictions on outputs and supply chains is also of major importance, the WTO director general added.

Related News

Israel PM reaffirms his plan to attack Rafah with ground for ...
  • 12/03/2024
Pakistan ex-PM Imran Khan jailed for 10 years
  • 30/01/2024
ICJ orders Israel to stop genocide acts in Gaza
  • 26/01/2024
Iran bomb blast: More than 100 killed
  • 03/01/2024
Russia-Ukraine war: 14 killed in Russia’s Belgorod in shelli ...
  • 30/12/2023
Russia-Ukraine war: Biggest aerial attack on Ukraine cities
  • 30/12/2023
South Africa launches genocide case against Israel at UN Cou ...
  • 30/12/2023
Pakistan PM declares prohibition on New Year festivities
  • 30/12/2023
Health Ministry of Gaza: 20,057 people dead
  • 22/12/2023
Gaza Health Ministry: Over 15,500 killed in Gaza
  • 09/12/2023
14 dead in a fire at university dormitory in Iraq
  • 08/12/2023
Mount Merapi eruption: 11 hikers dead
  • 04/12/2023