Covid-19: Vaccine Production

Lord Bilimoria Excerpts
Thursday 17th June 2021

(3 years ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Callanan Portrait Lord Callanan (Con)
- Hansard - - - Excerpts

My noble friend is correct and speaks with great authority on this subject, but the best way forward is voluntary licensing and technology transfer partnerships. They are making a real and positive impact on vaccine delivery, and the UK Government will of course do all we can to facilitate this process.

Lord Bilimoria Portrait Lord Bilimoria (CB) [V]
- Hansard - -

My Lords, as president of the CBI, I chaired the B7, which fed into the G7. The B7 was attended by Dr Ngozi, the new director-general of the WTO. There was unanimous agreement on the free flow of trade for the manufacture and distribution of vaccines. Do the Government agree that there needs to be unhindered trade for vaccine manufacture and distribution? The Pfizer/BioNTech vaccine, for example, contains 280 different components, manufactured in 86 different sites across 19 countries. Does the Minister also agree that, although it is good that the UK and US have agreed to supply 600 million surplus doses of vaccines around the world, what is actually needed is for the wealthiest countries in the world to urgently finance and help enable the manufacture and distribution of 11 billion doses, including at the Serum Institute of India, which the Minister just mentioned?

Lord Callanan Portrait Lord Callanan (Con)
- Hansard - - - Excerpts

There was a lot in those questions. The best way to facilitate this is through the COVAX initiative. The UK is proud to be one of its largest funders. We have helped to raise almost $1 billion for that initiative, which is helping to supply vaccines to 92 developing countries across the world.