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Free AccessITA Blocks Export Of AZ Vaccine To AUS, First Such Action Under EU Rules-FT
Around 20 mins ago the FT reported that the Italian gov't has blocked the export of 250k doses of the AstraZeneca/Oxford University to Australia, the first such action taken under the restrictions imposed by the Commission in January.
- FT story states that the Italian gov't informed the Commission of its intention to block the vaccine export late last week and Brussels did not object.
- There has been no official comment yet from the Commission, AZ, or either the Italian or Australian gov'ts.
- This is the latest sign of the ongoing 'vaccine nationalism' crisis that is affecting international relations. In late-Jan the EU caused outrage in the UK and Ireland by seeking to impose a hard border on the island of Ireland to block vaccine exports from the EU to the UK (this decision was swiftly reversed). Now the EU is risking relations with Australia - a country that has very few COVID-19 cases but is also far behind the EU - an international laggard in itself - in its vaccination programme.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.