EU Offers 400 Million Euros for WHO Initiative for COVID-19 Vaccine

TEHRAN ( Iran News ) – The European Commission said it would contribute 400 million euros ($476 million) to an initiative led by the World Health Organization to buy COVID-19 vaccines, but did not clarify whether EU states would acquire shots through the WHO scheme. The initiative, dubbed COVAX, aims to purchase for all countries in the world 2 billion doses of potential COVID-19 shots from several vaccine makers by the end of 2021. The EU financial support will be provided through guarantees, the Commission said