Mexico says China plans $1 billion loan to ease Latin America access to virus vaccine
FILE– Mexico’s Foreign Minister Marcelo Ebrard delivers a message to the media after taking on the Pro Tempore Presidency (PTP) of the Community of Latin American and Caribbean States (CELAC), in Mexico City, Mexico, January 8, 2020. REUTERS/Edgard Garrido
MEXICO CITY — China plans to provide a $1 billion loan to make its coronavirus vaccine accessible for countries across Latin America and the Caribbean, the Mexican foreign ministry said on Wednesday.
In a statement, the ministry said China had made the pledge at a virtual meeting of ministers from some Latin American and Caribbean nations.
Mexican Foreign Minister Marcelo Ebrard and Chinese Foreign Minister Wang Yi presided at the event, where ministers discussed better cooperation to tackle the pandemic impact.
Argentina, Barbados, Chile, Colombia, Costa Rica, Cuba, the Dominican Republic, Ecuador, Panama, Peru, Trinidad and Tobago and Uruguay also participated, the ministry added.
“The Chinese foreign minister stressed that the vaccine developed in his country will be a public good of universal access, and that his country will provide a $1 billion loan to support the access of the nations of the region,” it said.
It gave no details of when such a vaccine might be available or distributed.
For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.
The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.
