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          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
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      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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            • Bitcoin Price Volume Decline with Lowering Volatility
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
  • Lifestyle
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          • Is Roblox shutting down? Vs. Robox will be listed NYSE
      • Music
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    • Luxury
      • Most Expensive Watches
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      • Best Luxury SUVs for 2020
      • Porsche
      • Luxury Yatchs
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      • Best Electric Cars
      • Best Luxury Yoga Retreats
      • The Best Luxury Sports Cars
      • Best Time to Buy a Car
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        • Direct Payments in coronavirus
    • Tech
      • iPhone 12
  • Banking
    • Banks “Best of…”
      • Best Online Banks of 2020
      • Best Bank for Home Loans 2020
      • Best Bank for FHA Loan of 2020
      • Best Bank Interest Rates March 2020
      • Best Bank Promotions and Bonuses 2020
      • Best Online Checking Accounts of 2021
      • Best Money Market Accounts of 2020
      • Best CD Rates of 2020
      • Best Online Savings Accounts of February 2020
      • Best KYC Solutions 2020
      • 7 Best Mobile Banking App 2020
    • Banks Guides
      • KYC Verification: How it is Done?
      • Personal Finances in Coronavirus
      • 6% cd rates – They Exists ?
    • Transfer Money Online
      • Send Money Online
      • Best App To Send Money Online
    • Mobile Banking
    • Digital Bank
      • JPMorgan Chase
      • Capital One
      • Royal Bank of Canada
      • Royal Dutch Shell
      • Chase Online
      • Western Union
  • Credit Cards
    • Credit Cards “Best of…”
      • Capital One Credit Card – Best Cards of 2020
      • Best Credit Cards for Students 2020
      • Best Airline Credit Card 2020
      • Best Gas Rewards Credit Cards of 2020
      • Best hotel credit cards for 2020
      • Best Cash Back Credit Cards 2020
      • Best Travel Credit Card 2020
      • Best No Annual Fee Credit Cards 2020
      • Best Secured Credit Cards 2020
      • Best Credit Cards for Bad Credit 2020
      • Best Rewards Credit Card 2020
      • Best 0% APR Credit Cards of February 2020
      • The Best Credit Card for Balance Transfers 2020
      • Best Buy Credit Card 2020
      • Best Credit Cards of July 2020
      • 11 Best Prepaid Debit Cards of 2020
      • Best Business Credit Cards 2020
    • Cards
      • American Express
      • Lowe’s Credit Card
      • Get Revolut Card + £50
      • Qantas Credit Card
      • Chase Credit Card
      • Coles Mastercard
      • Capital One
      • Home Depot Credit Card
    • Credit Cards Guides
      • How many credit cards should I have?
      • Is Discover Visa or Mastercard?
    • Credit Cards Reviews
      • First Premier Credit Card Review
      • Fortiva Credit Card Review
      • Indigo Credit Card Review
      • Wells Fargo Propel – Review
      • Walmart Money Card – Review
      • Credit One Credit Card Review
      • Discover it® Cash Back – Review
      • Travel credit card reviews 2020
      • Petal Credit Card Review
      • Apple Credit Card Review
      • Capital One Venture Rewards Credit Card Review
      • Amazon Credit Card Review
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      • Joe Biden
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      • Scott Morrison
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  • Mortgages
    • Mortgage “Best of…”
      • Best Mortgage for Low Down Payment 2020
      • Best Mortgage Rates
      • Best VA Mortgage Lenders of 2020
      • Greatest On-line Mortgage Lenders
      • The Best Mortgage Lenders for First Time Home Buyers
    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
    • Mortgage Guides
      • Lending
      • How Mortgage Forbearance Works Under CARES Act
      • Stimulus Check
    • Mortgage Companies
      • Nationstar Mortgage
      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
      • SunTrust Mortgage
  • Commodities
    • Energy
      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
    • Livestock & Meat
      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
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India’s Gains From ‘Vaccine Diplomacy’ – if Any – Will Be Small, Transient and Pyrrhic

Jung Min-seo by Jung Min-seo
January 24, 2021
in Sinovac
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Home » India’s Gains From ‘Vaccine Diplomacy’ – if Any – Will Be Small, Transient and Pyrrhic

New Delhi has launched a virtual global blitz by exporting vaccine candidates made in India, some as a grant, and others commercially. Back home it is being tom-tommed as a major diplomatic coup that will enable New Delhi to make key breakthroughs, especially in its neighbourhood.

How much of an impact will the Indian gesture really make? And is it really the right thing to do? It is difficult to make an assessment, since currently, vaccine diplomacy is in a domestic echo chamber where it’s celebrated as yet another ‘masterstroke’. Actually, the Modi government’s public relations target is really domestic opinion, aimed at garnering credit for the government on account of the vaccine rollout – something that is supposed to make people forget its early and disastrous missteps.

But surely, our neighbours will be appropriately thankful? Don’t hold your breath.

In international relations, gratitude is usually a highly overrated commodity. In the 1950s, the Soviets undertook the largest transfers of capital equipment in history by providing China with the wherewithal to set up entire industries, machinery, aircraft, cars, trucks, precision instruments etc. But by the mid-1960s, the Chinese viewed them as enemies.

Likewise, in the 1960s the United States provided India with massive aid to modernise its education, scientific and technical capacity, food aid and biotechnology for the Green Revolution. But by 1971, India and the US almost came to blows.

Today’s generation of Chinese and Indians would be unfamiliar with those events, despite the sheer scale of the assistance.

By that measure the vaccine thrust is relatively modest—some five million free doses to Bhutan, Maldives, Nepal, Bangladesh, Myanmar and Seychelles. There is another category of exports to Saudi Arabia, South Africa, Brazil and Bolivia, which is that they are strictly commercial.

Brazil’s message comparing the delivery of the vaccine to Hanuman bringing the Sanjivini plant played well in the Indian media, but one wonders whether it was a product of the BJP media cell or its counterpart in Brazil.

The delay in the arrival of the AstraZeneca vaccine candidate – called Covishield in India –irritated Brazil President Jair Bolsonaro, who wants to offset the credit being reaped by his centrist rival, the Sao Paulo governor Joao Doria,  who had promoted the vaccine developed by the Chinese lab Sinovac, along with a local partner, and had already begun vaccination.

Note, the vaccine candidates exported are devised by a partnership between Oxford University and the British-Swedish company AstraZeneca,  and are manufactured in India on contract by Serum Institute of India Ltd.

Oxford’s and AstraZeneca’s researchers published data from phase 3 clinical trials of Covishield in The Lancet, in which they wrote that the data indicated the candidate was safe and efficacious.

It’s not clear whether Indians are also exporting the domestically devised Covaxin: this would be unconscionable considering Bharat Biotech, its maker, is yet to report any data from Covaxin’s phase 3 clinical trials. Incidentally, Bharat Biotech has applied for emergency use approval for Covaxin in the Philippines. In India itself, people have to sign consent forms before getting a shot of this vaccine candidate, since the national drug regulator has approved its rollout in “clinical trial mode”.

Covishield, a COVID-19 vaccine manufactured by Serum Institute of India, is displayed to the media, in Kathmandu, Nepal January 21, 2021. Photo: Reuters/Navesh Chitrakar

Data from phase 1 clinical trials was available from a preprint paper uploaded online earlier, and which The Lancet published after peer review on January 21, 2021. The researchers write in this paper that their study doesn’t say anything about Covaxin’s efficacy. Bharat Biotech and the Indian Council of Medical Research are currently conducting Covaxin’s phase 3 trials. The data from this, involving about 25,000 volunteers, is expected to be available around March 2021.

It is difficult to blame South Block for using COVID-19 to promote its diplomacy. In that sense we are only following China, which, from the outset, used the pandemic – which its own carelessness may have helped spread – for diplomatic purposes. To change the COVID-19 narrative and show itself as a benevolent nation, China sent masks, PPE suits, gloves, testing kits and medical aid, as well as sold ventilators and other health equipment to countries like France, Italy and various Central and East European countries. Chinese foundations like the Alibaba Foundation and the Jack Ma Foundation also provided aid to various European countries.

So far, information on Chinese vaccines has been scarce. Researchers have published some data from phase 1 and 2 trials of the Sinovac vaccine. There has been conflicting information about its efficacy, with researchers in Brazil reporting 50.4% versus those in Turkey claiming 91.25%. Another vaccine candidate by Sinopharm has undergone phase 3 trials and has claimed 78% efficacy, while a study in UAE puts it at 86%. The international medical research community doesn’t yet have fixed numbers to work with.

Several Asian countries like Singapore, Malaysia and the Philippines have signed deals with Sinovac, and in January 2021, Indonesia unrolled its vaccination campaign with this vaccine. Turkey has approved Sinovac for emergency use and the company had deals in Brazil and Chile. The UAE and Bahrain have deals for Sinopharm.

In contrast to China, India doesn’t have an image issue in pursuing COVID-19 diplomacy. But it has another problem: it has few equities to influence neighbourhood opinion, such as loans, grants and military equipment. China is way ahead there. So if New Delhi is riding on the back of a COVID-19 vaccine to gain friends and influence people in the region, we can’t grudge that. You have to work with the instruments you have.

There is, however, one problem. Hundreds of millions of people have yet to be vaccinated. So has the government done the right thing in exporting 5 million doses? Surely those doses could have been used to inoculate vulnerable Indians at a greater speed?

A small group of rich countries, comprising just 16% of the world’s population, have locked up 60% of the global vaccine supply, according to Duke University’s Global Health Institute. Canada has enough to vaccinate its population six times over.

Generosity is fine when you have the wherewithal to be generous. But when your own population is deprived, it is nothing but foolhardiness. We must, of course, understand the commercial compulsions of  Serum Institute, which must deliver on its contract. But it is difficult to celebrate South Block’s vaccine diplomacy, if necessary protection to vulnerable Indians is being delayed – because that delay means so much more illness and death.

Manoj Joshi is a Distinguished Fellow at Observer Research Foundation, New Delhi.


Tags: bangladesh vaccine indiaBharat Biotechbharat biotech covaxinchina sinopharmChina Sinovaccoronavirus vaccineCovaxincovaxin trialsCOVIDCOVID-19Covid-19 vaccineCovishieldIndia Maldivesindia maldives vaccineIndia vaccineindia vaccine supplylatest headlineslatest newsMaldivesmaldives vaccinenepal india vaccinenewstop headlinesTop NewsTop Stories
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