The G20 promises to “spare no effort” to facilitate access to covid-19 vaccines

G20 leaders on Sunday promised to “spare no effort” to ensure equitable access to CODIV-19 vaccines, according to a draft of the summit’s final declaration, in a consensual tone but with few concrete measures.

“We will spare no effort to guarantee affordable and equitable access for all,” says the text that . was able to consult.

The summit of the 20 largest economies in the world is being held this year by videoconference under the presidency of Saudi Arabia, a country highly criticized by human rights organizations.

The two-day meeting began on Saturday with several remote meetings, in the presence of the president of the United States, who however left shortly after the start of a meeting to play golf.

The summit should end on Sunday with the publication of the final statement.

As the pandemic continues to advance on the planet, with more than 57 million infections and 1.3 million deaths, the presidents or heads of government opted for consensus in the fight against the virus.

“We fully support all collaborative efforts,” reads the final statement, referring to the anti-virus devices coordinated by the World Health Organization.

They also commit to “addressing the remaining global financial needs.”

“Although competition may be unavoidable, we must be guided above all by the humanitarian aspect,” Russian President Vladimir Putin said on Saturday.

– “Commitment” to debt –

Large pharmaceutical companies compete to make the vaccine available as soon as possible, such as the alliance between Pfizer (USA) and BionTech (Germany) or the American company Moderna.

There are also ambitious vaccine projects in China or Russia.

However, in its statement, the G20 does not mention the amount of $ 28 billion, including an emergency $ 4.2 billion, required by international organizations to fight the pandemic.

The G20 was also going to address the debt of poor countries, which is skyrocketing as a result of the economic crisis caused by the pandemic.

G20 leaders say they are “committed to implementing” the so-called Debt Service Suspension Initiative (DSSI), “including its extension until June 2021,” the text states.

29 of the world’s most favored countries are using this mechanism to allow poor countries in debt to them to suspend payment of interest on their debts until June 2021.

But while the United Nations expected this deadline to be extended until the end of 2021, the G20 leaves it up to its finance ministers to “examine” this issue next year.

In this sense, the president of Argentina, Alberto Fernández, whose country is negotiating with the International Monetary Fund (IMF) on the debt issue, assured on Saturday in his speech at the G20 that the country made “a huge fiscal effort” and asked “the action of the world and international credit organizations”.

The draft of the final declaration uses a more consensual tone than in the last G20 summits, marked by the conflict over climate and trade, often due to the reluctance of Donald Trump

As for the environment, the major powers acknowledge that the fight against climate change “is among the most urgent challenges of our time.”

And when it comes to trade, after years of confrontation between the US administration of Trump and China, but also with its European partners, the text affirms this time that “supporting the multilateral trading system is now more important than ever.”

burs-aue-pc / zm