Beijing, 30 October 2021 (TDI): Whilst addressing the 16th Group of 20 (G20) Leaders’ Summit, Chinese President Xi Jinping proposed a six-point Global Vaccine Cooperation Action Initiative. He was participating in the meeting through a video link.
Six-Point Global Vaccine Cooperation Action Initiative
- Firstly, as per the suggested initiative, vaccine research and development (R&D) cooperation, needs to be enhanced. Companies conducting joint R&D and production with developing countries need global assistance.
- Secondly, equity and justice need to be upheld. The vaccine should be provided to the developing countries, indiscriminately. That is the only way to achieve the global vaccination target for 2022; as set by the World Health Organization (WHO).
- The developed countries must support the World Trade Organization (WTO); in the decision on waiving intellectual property rights on COVID-19 vaccines. Moreover, vaccine companies must transfer technology to developing countries.
- Fourthly, world leaders need to increase cross-border trade collaboration. This will guarantee the smooth trade of vaccines and relevant raw materials.
- All vaccines are equal. Hence, WHO’s Emergency Use Listing must ensure congruity.
- Lastly, financial support should be provided for worldwide vaccine cooperation, specifically for developing countries. This will make access to vaccines easier.
Time to Behave Responsibly
Aside from the six-point initiative, Xi Jinping called on the G20 group to act responsibly in the face of changes and a pandemic; both unseen in a century. The future of humanity and people’s welfare should be the priority. Furthermore, it is important to uphold openness, adopt inclusiveness and practice multilateralism, for a flourishing global community. China is a staunch advocate of multilateralism and equity.
G20 Summit
The G20 Summit is in Rome, Italy; from Saturday to Sunday. The agenda of the meeting is to deliberate upon climate change, the COVID-19 pandemic, and global economic recovery.
Wang Yi, the Chinese State Councilor and Foreign Minister is attending the summit in Rome. He is there as President Xi’s special representative.