• Home
  • Terms & Conditions
  • Privacy & Policy
Saturday, February 27, 2021
  • Login
No Result
View All Result
NEWSLETTER
Tampa Bay Journal
  • Home
  • Business
  • Tampa Bay Local News
  • Personal Finance
  • Home
  • Business
  • Tampa Bay Local News
  • Personal Finance
No Result
View All Result
Tampa Bay Journal
No Result
View All Result
Home Business

The EU sets export controls for coronavirus vaccines

by Business News
January 29, 2021
in Business
0
The EU sets export controls for coronavirus vaccines
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The President of the European Commission, Ursula von der Leyen, speaks to the media in Berlaymont, the seat of the EU Commission.

Thierry Monasse

LONDON – The European Union on Friday temporarily controlled exports of block-made coronavirus vaccines after they were spat out with the UK pharmaceutical giant AstraZeneca and wider supply problems.

Two massive blows were dealt recently Pfizer It would temporarily cut production while increasing production capacity at its Belgian facility. Last week, AstraZeneca also said it would ship far fewer cans to the EU than originally expected this spring due to production problems at its plants in the Netherlands and Belgium.

After the EU pressured AstraZeneca this week to meet its commitments and then asked the company to move UK-made vaccines to the block, the EU confirmed on Friday that temporary controls will be in place.

“Protecting the health of our citizens remains our top priority and we must take the necessary measures to achieve this,” said European Commission President Ursula von der Leyen on Friday.

“This transparency and approval mechanism is temporary and we will of course continue to honor our commitments to low and middle income countries.”

The controls are expected to last until the end of March. The bloc also triggered Article 16 of its Brexit deal with the UK, which means exports cannot be sent to Northern Ireland, which could potentially serve as a back door to the rest of the country.

“This time-limited and targeted system only covers those Covid-19 vaccines that have been agreed with the EU under Advanced Purchase Agreements,” said Valdis Dombrovskis, Executive Vice President and Commissioner for Trade of the EU.

“This mechanism includes a wide range of exemptions to fully meet our humanitarian aid commitments and to protect the delivery of vaccines to our neighborhood and to countries in need that are under the EU.” COVAX system. “

EU approves AstraZeneca vaccine

The European Union was under pressure for what critics describe as the slow adoption of Covid vaccines. The European Commission, the institution that runs the sales contracts, has been accused of not securing enough vaccines and the region’s medical agency has been criticized for taking too long to approve vaccinations that have given the go-ahead elsewhere have received.

On Friday, the European Medicines Agency approved the AstraZeneca vaccine for emergency use in the EU, about a month after it was first given the green light in the UK, which recently left the block.

Speaking to CNBC on Friday, Irish Prime Minister Micheal Martin denied that this spit between Brussels and a British pharmaceutical company had turned into another “Brexit fight”.

“Overall, I think the European Commission has behaved well and effectively when it comes to vaccine procurement,” he said. “There is a lot of tension out there … a lot of pressure on the Commission from the Member States, from the Prime Ministers. Why? Because the people are under pressure, the people are under pressure.”



Source link

This article originally appeared on www.cnbc.com

Business News

Business News

Next Post
The vaccination study with J & J Covid gives a very good result

The vaccination study with J & J Covid gives a very good result

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Here are five charts that show how the US economy is recovering from coronavirus

Here are five charts that show how the US economy is recovering from coronavirus

8 months ago
Two teenagers were killed in a crash in Riverview, according to the HCSO

Two teenagers were killed in a crash in Riverview, according to the HCSO

5 months ago

Popular News

    Connect with us

    Newsletter

    Category

    • Business
    • Personal Finance
    • Tampa Bay Local News

    Site Links

    • Home
    • Privacy & Policy
    • Terms & Conditions
    • Log Out

    About Us

    One of the most trusted news sources of the greater Tampa Bay and Gulf Coast areas.

    All business, all the time.

    • Home
    • Terms & Conditions
    • Privacy & Policy

    © 2020 Tampa Bay Journal -

    No Result
    View All Result
    • Home
    • Business
    • Tampa Bay Local News
    • Personal Finance

    © 2020 Tampa Bay Journal -

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In