Categories
Geoeconomics

ASIA PACIFIC

QUAD:

  • The so-called “Quad” -United States, India, Australia and Japan- agreed to pool financing, manufacturing and distribution capacity to send coronavirus vaccines across Asia. India will use its manufacturing capacity to make U.S. vaccines, with financing coming from the U.S. International Development Finance Corporation and the Japan Bank for International Cooperation. They want to counter China’s growing vaccination diplomacy in Southeast Asia and around the world. India is the world’s biggest vaccine maker.

SOURCE: REUTERS


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