LONDON: It’s been almost nine months since the COVID-19 pandemic was first reported in Wuhan, China, yet there is little sign that the virus will no longer pose a risk to the world.
Most countries do not levy tariffs on imported medicines. But many middle-income countries do, including Indonesia. FILE PHOTO: Pharmaceutical tablets and capsules are arranged on a table in this picture illustration taken in Ljubljana August 20, 2014. REUTERS/Srdjan Zivulovic The same countries are among those that top the table globally - with India’s vaccine tariffs at 10 per cent. Pakistan and Bolivia are among a clutch of countries that impose vaccine tariffs of 5 per cent.
In Southeast Asia, Indonesia applies an average tariff of 10.5 per cent on imported Personal Protective Equipment, and 5.5 per cent on medical supplies.Some governments – Pakistan, Brazil, Columbia and Norway among them – have shown leadership by temporarily exempting COVID-19 related medicines, vaccines and medical supplies from import duties and taxes.
This will bolster the group of 34 countries - Canada, 27 European Union member states and the UK, Japan, Norway, Switzerland, US and Macau - that have already agreed to abolish tariffs on medicines for all WTO members.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Straits Times @STcomTHE BIG STORY: Not realistic for S'pore to expect zero Covid-19 cases: Expert | First look at upcoming S'pore human trials for Covid-19 vaccine
Source: The Straits Times - 🏆 8. / 63 Read more »
India's Serum Institute to get US$150m from Gates Foundation for COVID-19 vaccineThe Serum Institute of India said it will partner with the Bill & Melinda Gates Foundation and international vaccine alliance GAVI to manufacture ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Russia offers to supply Philippines with Covid-19 vaccineMANILA (REUTERS) - Russia is willing to supply a coronavirus vaccine to the Philippines, or team up with a local firm to mass produce it, its ambassador to Manila said on Friday (Aug 7), as infections in the South-east Asian nation surge.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Japan announces deal to purchase AstraZeneca's COVID-19 vaccineJapan has agreed to acquire 120 million doses of AstraZeneca Plc's experimental COVID-19 vaccine if it is successfully developed, the health ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan in deals with AstraZeneca, Novavax for Covid-19 vaccinesTOKYO (REUTERS) - Japan plans to buy AstraZeneca's experimental Covid-19 vaccine and fund a local company to manufacture Novavax's vaccine candidate, ramping up its stockpile plan as it battles surging infections.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Facebook's dilemma: How to police claims about unproven Covid-19 vaccinesLONDON/NEW YORK (REUTERS) - Since the World Health Organization declared the novel coronavirus an international health emergency in January, Facebook has removed more than 7 million pieces of content with false claims about the virus that could pose an immediate health risk to people who believe them.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »