EAEU economy body, RDIF discuss Baku, Bishkek involvement in COVID-19 vaccine production

Moscow, Dec 28 (Bureau) The Eurasian Economic Commission (EEC) and the Russian Direct Investment Fund (RDIF) are discussing the possibility to get Armenian and Kyrgyz pharmaceutical companies involved in joint production of coronavirus vaccines, EEC Industrial Policy Department​ Director Nikolay Kushnarev told Sputnik. “The industrial block of the commission and the RDIF are actively discussing potential involvement of Armenian and Kyrgyz pharmaceutical producers in development of joint production. We are talking exactly about the vaccine,” Kushnarev said.

According to the EEC official, it is too early to discuss the timeframe and specific forms of cooperation. “We will hold several meetings to clarify details soon. All the parties engaged understand how important it is to solve the problem urgently, so we are sure that agreement will be reached on all issues soon,” Kushnarev noted. The Eurasian Development Bank is ready to provide financial assistance to the Eurasian Economic Union member states to facilitate COVID-19 vaccine production, Kushnarev assured. The EEC has already signed agreements and memorandums on joint vaccine production with Belarus and Kazakhstan, and transfer of Russian technologies to the two countries is ongoing, the official recalled.