AIRLINK 75.18 Increased By ▲ 0.33 (0.44%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 41.86 Increased By ▲ 1.86 (4.65%)
DGKC 86.75 Increased By ▲ 0.40 (0.46%)
FCCL 21.50 Increased By ▲ 0.14 (0.66%)
FFBL 33.80 Decreased By ▼ -0.05 (-0.15%)
FFL 9.74 Increased By ▲ 0.02 (0.21%)
GGL 10.51 Increased By ▲ 0.06 (0.57%)
HBL 114.50 Increased By ▲ 1.76 (1.56%)
HUBC 139.52 Increased By ▲ 2.08 (1.51%)
HUMNL 11.78 Increased By ▲ 0.36 (3.15%)
KEL 5.22 Decreased By ▼ -0.06 (-1.14%)
KOSM 4.67 Increased By ▲ 0.04 (0.86%)
MLCF 37.99 Increased By ▲ 0.19 (0.5%)
OGDC 139.26 Decreased By ▼ -0.24 (-0.17%)
PAEL 26.10 Increased By ▲ 0.49 (1.91%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.85 Increased By ▲ 0.05 (0.74%)
PPL 123.67 Increased By ▲ 1.47 (1.2%)
PRL 26.96 Increased By ▲ 0.38 (1.43%)
PTC 14.00 Decreased By ▼ -0.05 (-0.36%)
SEARL 59.50 Increased By ▲ 0.52 (0.88%)
SNGP 68.72 Decreased By ▼ -0.23 (-0.33%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.42 Increased By ▲ 0.04 (0.48%)
TPLP 11.25 Increased By ▲ 0.19 (1.72%)
TRG 64.18 Decreased By ▼ -0.01 (-0.02%)
UNITY 26.58 Increased By ▲ 0.03 (0.11%)
WTL 1.46 Increased By ▲ 0.01 (0.69%)
BR100 7,953 Increased By 115.9 (1.48%)
BR30 25,681 Increased By 228.8 (0.9%)
KSE100 76,071 Increased By 956.4 (1.27%)
KSE30 24,471 Increased By 357.2 (1.48%)

BRUSSELS: The European Commission on Friday launched a scheme to monitor and in some cases bar exports of vaccines produced in EU plants, amid a row with British-Swedish drugs giant AstraZeneca.

The move was firmly criticised by the World Health Organization and risked stoking conflict with the UK just weeks after London and Brussels sealed a trade deal. “We paid these companies to increase production and now we expect them to deliver,” EU Commission vice-president Valdis Dombrovskis told reporters.

“Today’s measure has been adopted with the utmost urgency. The aim is to provide us immediately with full transparency.... And if needed, it also will provide us with a tool to ensure vaccine deliveries.”

EU officials said they expected the order to come into effect on Saturday after its publication in the official journal. The emergency measure is initially for six weeks but is intended to then continue until at least the end of March. The WHO said the move was part of a “very worrying trend” that could jeopardise the global supply chain for vaccines.

“It is not helpful to have any country at this stage putting export bans or export barriers that will not allow for the free movement of the necessary ingredients that will make vaccines, diagnostics and other medicines available to all the world,” said Mariangela Simao, WHO assistant director for access to medicines and health product.

The EU’s plan applies only to those coronavirus vaccines that are covered by advance purchase agreements between drug companies and the European Commission. Those firms in the EU will have to apply for an authorisation to export doses meant for countries outside the bloc, and show their export records for the previous three months. A response would normally be given within 48 hours, though that could be extended if necessary.

Most non-EU countries in and around Europe, such as Switzerland, those in the Balkans or micro-states like Monaco, are exempted from the measure. But Britain, which last year left the EU amid much acrimony, is not.

Comments

Comments are closed.