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Export controls on Covid vaccines from Europe could spark collapse in global supply, experts warn

February 1, 2021


The EU’s decision to implement export controls on coronavirus vaccines is “highly problematic,” according to experts, who warned that it could lead to a collapse in the global supply if other countries followed suit.

“There’s a real risk that the EU taking this decision is going to spark a cascade in other countries putting in place (vaccine) export bans,” Suerie Moon, co-director of the Global Health Centre Graduate Institute in Geneva, told CNBC on Monday.

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