RDIF chief executive Kirill Dmitriev said in a statement that the approval was a "major milestone" after "extensive cooperation" on clinical trials of the shot in India.
Pakistan is expected to start the local production of the Russian Sputnik V vaccine in the coming months.
Qureshi noted that Pakistan privately imported 50,000 doses of Sputnik V last month, and will import an additional 150,000 doses of the Russian vaccine in the next few weeks.
"If Austria receives an additional one million vaccine doses, we will be able to return to normality faster and could save many lives as well as jobs," Kurz said.
The World Health Organisation (WHO) has still not received the complete documentation package on the Sputnik V vaccine for the pre-qualification procedure.
“This anomaly of vaccine cost at more than 150% higher than the international market price is another serious issue of overcharging,” pointed out the letter.
The Philippines, which has the second-highest number of COVID-19 cases and deaths in Southeast Asia, is facing a renewed wave of infections, with nearly 20,000 new cases reported in the past four days.
The first batch of Sputnik V vaccine comprises 50,000 doses.
In January, the Drug Regulatory Authority of Pakistan (DRAP) had allowed a local pharmaceutical firm, AGP, to import and distribute the Russian-developed Sputnik V.