The 4 international bodies also urged the world’s seven most advanced economies -Canada, the United States, Japan, France, Germany, Italy and the UK – to open a US$50 billion emergency relief fund, which should go to the poorest countries.
Such a figure will serve to speed up the equitable distribution of medical supplies and to boost global economic growth, the leaders said in the statement.
‘An estimated $50 billion will help to halt the coronavirus pandemic swiftly in the developing world, to reduce infections and loss of life, to accelerate economic recovery, and to generate an additional $9 trillion in additional global production by 2025.’ said the document published on Tuesday.
They also considered that trade cooperation is also necessary to guarantee free cross-border flows and to increase raw material and already produced vaccines supplies.
mh/pll/oda / crc