Taiwan says plans to sign up for 'COVAX' vaccine allocation scheme

Published 2020-09-12, 05:45 a/m
© Reuters. FILE PHOTO: A small bottle labeled with a "Vaccine" sticker stands near a medical syringe in front of displayed "Coronavirus COVID-19" words in this illustration

TAIPEI (Reuters) - Taiwan will sign up to the "COVAX" global vaccine allocation plan to ensure it will be able to access a COVID-19 vaccine when one becomes available, the island's health minister said on Saturday.

Chen Shih-chung told reporters in Taipei that the government had engaged lawyers to enter discussions about signing onto the scheme.

Taiwan is also researching its own vaccine, a process Chen said was going smoothly.

The World Health Organization (WHO) and the GAVI vaccine alliance are leading the COVAX facility, aimed at helping buy and fairly distribute vaccination shots against the novel coronavirus around the world.

But some countries which have secured their own supplies through bilateral deals, including the United States, have said they will not join COVAX.

Taiwan has reported fewer than 500 coronavirus cases, including seven deaths, thanks to early and effective prevention steps such as entry bans for most foreign visitors and tough quarantine requirements for those who do come to the island.

While Taiwan is not a WHO member due to pressure from China, which considers the island its own territory, the WHO has said it is committed to providing Taiwan with the help it needs during the pandemic.

© Reuters. FILE PHOTO: A small bottle labeled with a

The GAVI alliance is a public-private partnership backed by the Bill & Melinda Gates Foundation, the WHO, the World Bank, UNICEF and others.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.