The US will provide 500 million doses of COVID-19 vaccine to other nations Business and Economic News

Vaccines will be given to 92 lower-income countries and the African Union next year.

The Biden administration has reached an agreement with U.S. vaccine producers to deliver 500 million doses of COVID-19 vaccine to 100 countries over the next year.

As he was preparing for a summit meeting with European leaders, President Joe Biden put pressure on him do more to make vaccines available in the US to the poorer nations.

Biden will announce the plan at a summit of the Group of Seven (G7) nations in Cornwall, UK, which will begin on June 10, according to people who spoke to The Washington Post.

Biden was asked by a reporter on his way to Air Force One for a flight to the UK to see if he had a strategy to enter the world. “I have one, and I’ll announce it,” Biden said.

The U.S. will pay “nonprofit” prices to Pfizer and BioNTech for supplies of 200 million doses that will be distributed this year and 300 million more vaccines in the middle of next year, according to the New York Times.

President Biden told the press that on his first trip abroad, he has a plan for the COVID vaccine for the world and will announce

– Jordyn Phelps (@JordynPhelps) June 9, 2021

Doses of the COVID-19 vaccine would be obtained by the U.S. government and then delivered to 92 lower-income countries and the African Union next year, The Associated Press and Reuters news agencies reported, citing unnamed sources familiar with the matter.

How has the gap between rich industrialized nations and poor developing countries been addressed? G7 agenda.

Although many populations in the U.S. and the United Kingdom have been vaccinated and COVID-19 cases have decreased, the pandemic continues to rage elsewhere as deaths in Brazil and India continue to plummet.

The World Health Organization has estimated that 11 billion doses will be needed to enter the world.

Last week, Biden pledged to share 80 million vaccine doses with other countries with the majority that COVAX, a global alliance of multilateral agencies, will distribute.

It is the administration of roads struggling to accomplish his goal 70 percent of U.S. adults will be vaccinated by July 4, the nation’s Independence Day.

The U.S. has given 303 million vaccines to more than 171 million people who have received at least one dose, according to the U.S. Centers for Disease Control and Prevention.

According to CDC data, the U.S. number includes 140 doses of two fully injected doses, which is about 42% of the U.S. population.

The Pan American Health Organization has warned that the growth of COVID-19 in Latin America in 2021 could be worse than in 2020. Cases of the virus are growing all over South and Central America.

The Indian government set a staggering record of 4,529 deaths every day on May 19, and Brazil More than 2,500 people die on June 2, they struggled to get more doses of the vaccine.