(Read the full article on cnbc.com)
CNBC’s key points
- The U.S. is using legislation to ensure that vaccines produced in the country are sent abroad only when it’s established that there are sufficient doses to inoculate the American population.
- The latest data from the European Commission shows that out of the 400 million doses produced in the bloc, 200 million have been exported to 90 countries.
European leaders have doubts that waiving intellectual property rights for Covid-19 vaccines, a proposal recently supported by the United States, is the way to go, CNBC reported.
Instead, they have criticized the U.S. for not exporting Covid shots.
However, Spanish Prime Minister Pedro Sanchez on Friday welcomed the U.S. decision to back vaccine patent waivers, the news organisation said.
“It is a good initiative, but I don’t think it is enough,” he said in Porto, Portugal, while also advocating for production and distribution to be scaled up.