Bangladesh to contribute $50,000 to development of Covid-19 vaccine
07:08 PM, June 28, 2020 / LAST MODIFIED: 07:40 PM, June 28, 2020

Bangladesh to contribute $50,000 to development of Covid-19 vaccine

Bangladesh has announced a contribution of 50,000 US dollars to 'Global Citizen' fund for supporting the development and deployment of Covid-19 vaccines in an equitable manner for all those in need.

"I am pleased to announce the contribution of USD 50,000 for supporting the development of safe and effective vaccine and to ensure equitable access to health care," said foreign minister Dr AK Abdul Momen.

The Bangladesh foreign minister was virtually addressing 'Global Goal: Unite for Our Future – the Summit' organised by European Commission and Global Citizen yesterday to create an additional funding to develop and deploy coronavirus vaccines, tests and treatments.

Momen said Bangladesh has always attached importance to the principles of equity, fairness and national ownership.

"This commitment guides our support for this resource mobilisation towards promoting equitable access to services for those most in need anywhere in the world," he said.

Momen said Prime Minister Sheikh Hasina remains firm and focused on this unforeseen crisis.

Appreciating the role of Global Citizen and European Commission over creating the fund, Momen said the initiative is in line with the spirit of "cooperation and partnership not isolation" that Bangladesh has been advocating in the wake of Covid-19 pandemic.

European Commission president Ursula Gertrud von der Leyen hosted 'Global Goal: Unite for Our Future – the Summit' that included interventions by world leaders as well as international advocates, artists and activists.

The campaign was launched by the European Commission and the international advocacy organisation Global Citizen on May 28 and has so far mobilised USD 6.9 billion – $1.5 billion in cash grants and $5.4 billion in loans and guarantees – to combat the disproportionate impact of Covid-19 on vulnerable and disadvantaged communities



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