Funds may be announced to promote India’s vaccine at the quad summit- report: Prime Minister Narendra Modi and US President Joe Biden will meet each other on Friday at the Quad Leaders Summit. India, America, Japan, and Australia are members of this organization. Japanese Prime Minister Yoshihide Suga and Australian PM Scott Morrison are attending this online summit. According to a Reuters report, the summit will discuss the issue of the Coronavirus epidemic to global security. With this, a deal can also be announced at this summit to promote the Made in India Vaccine vaccine. The deal will fund the manufacturing capacity of Covaxin and Covishield developed in India, so that more people can be vaccinated.
A senior US government official gave this information to the news agency Reuters. On the condition of anonymity, the official said, ‘These deals will be between the United States, Japan, and Australia-India. It will be particularly focused on vaccine-making companies and institutions in India, which manufacture vaccines for American drugmakers Novavex Inc. and Johnson & Johnson. ‘
The official said that the objective of th is initiative of the Quad is to reduce the backlog in vaccine manufacturing in the US, India, Japan, and Australia. This will accelerate vaccination and reduce the mutation of coronavirus.
These issues are also to be discussed
In the first virtual meeting of the Quad, it is believed that the four leaders can discuss their shared interests on global issues with the region and discuss practical areas for cooperation, including the free and inclusive Indian Pacific region. . Through the summit, the four leaders will also get an opportunity to discuss the current challenges, including issues like maritime security and climate change with uninterrupted supply, emerging and critical technology.
Quad leaders will also discuss current efforts to deal with the challenge of the Coronavirus pandemic and may also consider joint collaboration to ensure the availability of vaccines in the Indian Pacific region safely, cheaply, and evenly. Earlier on Tuesday, Prime Minister Narendra Modi spoke to the Japanese Prime Minister Yoshihide Suga over the telephone and the two leaders discussed increasing bilateral cooperation as well as cooperation in the Indian Pacific region under the Quad Framework.