STOCK MARKET BSE NSE

European Union leaders faced with surge of Covid-19 infections, vaccine issues

The coronavirus pandemic once again prevented the leaders from meeting in person, reflecting the poor epidemiological situation in the EU.

Published: 25th March 2021 05:39 PM  |   Last Updated: 25th March 2021 05:39 PM   |  A+A-

European Union

European Union (Photo | AP)

By Associated Press

BRUSSELS: European Union leaders are meeting Thursday to look for ways of ramping up COVID-19 vaccinations across the 27-nation region amid a shortage of doses, spikes in new cases, a feud with the United Kingdom and internal quarrels.

The coronavirus pandemic once again prevented the leaders from meeting in person, reflecting the poor epidemiological situation in the EU.

The spread of more contagious variants of the virus has pushed hospitals in some countries to their limit, and combined with the lack of vaccines available in Europe, has led several EU members to impose strict lockdown measures over the Easter period.

Less than 5 per cent of the EU's 450 million residents have been fully vaccinated against COVID-19.

Ahead of Thursday's summit, the bloc's executive arm proposed strengthening export controls for coronavirus shots.

Even if the move is detrimental to non-EU nations, the European Commission's goal is to force vaccine manufacturers, especially AstraZeneca, to deliver the doses agreed to in their contracts.

The commission also wants to make sure a principle of export reciprocity is enforced with countries that are producing vaccines or the raw materials needed for them.

The mechanism has been divisive, according to various European diplomats who spoke before the summit.

While some countries see it as an instrument of last resort that should not undermine the EU's reputation as an open trading bloc, others said it is a crucial tool to guarantee doses and vaccine ingredients reach the bloc.

"Some countries refuse to export. So we need to introduce reciprocity criteria if we want to be able to keep our vaccination goal for the summer," said one diplomat, referring to the EU's aim of having 70 per cent of the adult population vaccinated by that season.

Stricter control of exports could have an impact on Britain, whose speedy vaccination rollout after it formally withdrew from EU has been eyed with envy by many European nations.

The latest figures show that 45 per cent of British residents have had at least one vaccine shot, compared to less than 14 per cent for the EU.

The EU's contract disputes with British-Swedish company AstraZeneca deepened the post-Brexit tensions.

However, the EU and the U.K. pledged this week to increase cooperation and fight Europe's third wave of infections together.

EU officials have said trade with the United States should not be affected by the mechanism.

U.S. President Joe Biden has been invited to attend the virtual EU summit.

The leaders of EU member nations also need to settle an internal dispute after Austrian Chancellor Sebastian Kurz criticized the distribution of vaccines, saying that some countries were receiving more than their fair share.

Austria -- is leading a coalition of six countries asking for a correction mechanism.

Under the joint procurement set up by the European Commission, doses are allocated on a pro rata basis, but member states are free to place orders directly from the manufacturer of their choice.

Some countries are taking less their pro rata base.

A large majority of EU members think the system is working well and said Austria made a mistake to focus on AstraZeneca shots instead of diversifying its portfolio.

To help the countries struggling the most, member nations are examining ways to make efficient use of the 10 million additional doses of the Pfizer-BioNTech vaccine that were made available for the bloc for the second quarter.

"But the correction won't apply to all member states, only to those who really are in need of solidarity," a diplomat said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp