Prime Minister Narendra Modi said at the G20 summit session here on Saturday that India is ready to produce more than five billion doses of Covid vaccine next year to help the world fight the pandemic, and stressed that it is essential that the World Health Organization (WHO) approve the vaccines. Hindi as soon as possible.
In his intervention in the “Global Economy and Global Health” session, the Prime Minister also highlighted the issue of facilitating international travel and talked about the mechanism of mutual recognition of the vaccine certificate as a means to achieve this, according to the text of his intervention. He shares his office.
Briefing reporters on Modi’s engagements here, Foreign Minister Harsh Vardhan Shringla said Prime Minister Modi expressed his satisfaction with the G20 decision to set a minimum corporate tax of 15 to make the global financial architecture more “fair and equitable”.
Shringla said the decision is aimed at ensuring that companies pay a certain amount of tax in the countries where they are located.
“It is worth noting that in 2014 the prime minister first proposed the idea of a minimum corporate tax in order to prevent tax evasion to some extent,” Shringla said.
“Today, from this G20 platform, I would like to tell you all that India is ready to produce more than 5 billion doses of vaccine for the world next year,” Modi said.
He said that this commitment of India will go a long way in preventing the spread of coronavirus infection.
“Therefore, it is imperative that the Indian vaccines be approved by the World Health Organization as soon as possible,” he stressed.
A technical advisory group from the United Nations health agency will meet on November 3 to conduct a final “risk-benefit assessment” of the emergency use list for Covaxin. Covaxin and AstraZeneca from Bharat Biotech and Oxford University’s Covishield are the two most widely used vaccines in India.
Sringla said the Prime Minister conveyed that India has not only given 1 billion doses but more importantly “we are ready to produce more than 5 billion doses of vaccine by the end of next year,” Shringla said.
“Obviously this will be available not only to our citizens but to the rest of the world and that this is our contribution to reducing … inequality in vaccines, especially in the developing world,” he said.
Prime Minister Modi also emphasized vaccine research and manufacturing.
He also highlighted India’s medical supply to more than 150 countries and the contribution to maintaining the global supply chain during the pandemic.
Prime Minister Modi stressed the need for resilient global supply chains, spoke of India’s bold economic reforms and called on the G20 countries to make India their partner in economic recovery and supply chain diversification.
He also spoke about the vision of “One Earth, One Health” in the context of fighting the pandemic and future global health issues, Shringla said.
The Prime Minister spoke about “our vision for ‘One Earth, One Health’, which is mainly represented in the need for a cooperative approach in the international field in the fight against the coronavirus epidemic.”
“I am talking about cooperation in research and development, cooperation in all areas in developing mechanisms that can deal with future pandemics and future global health issues,” Shringla said.
The concept of “One Earth, One Health” is something that the Prime Minister has announced and has been well received by the leaders of the G20 because this is something very important for the international community because we are “looking for comprehensive global solutions” that can address issues and problems such as inequities and problems faced by developing countries, he said. .
Prime Minister Modi also highlighted the fact that despite the challenges, India has continued to be a reliable partner in the context of reliable supply chains during the pandemic.
Asked about the corporate tax decision, he said that Prime Minister Modi spoke about it at the 2014 G20 summit.
“The concept was first mentioned at the 2014 G-20 summit. Today there is relief that the G20 has embraced it. This has become a global standard. This is a very important step in ensuring a more rational global tax structure and better cooperation in the international community when it comes to issues of such as tax evasion, money laundering and corruption.”