Poland wants to join EU deal for coronavirus vaccine

Andrzej Grygiel/PAP

The Polish government wants to join the EU agreement on the purchase of a potential vaccine against COVID-19, according to a draft resolution put on the legislative agenda of the Council of Ministers.

According to a European Commission (EC) press release from June 17, the EC will enter into agreements with individual vaccine producers on behalf of the Member States "in order to support companies in the swift development and production of a vaccine."

By joining the EU deal for a coronavirus vaccine, the member states can take advantage of the strong negotiating position of the EC, according to the draft resolution.

The agreement is based on the mechanism of financing by the European Commission part of the upfront costs faced by producers of potential vaccines, which currently need to be developed. The related funding will come from a significant part of the EUR 2.7 billion Emergency Support Instrument. In return, the EC will have the right to buy a specified number of vaccine doses by the EU member states in a given timeframe.

Joining the agreement secures access for Polish society to a potential vaccine for the COVID-19 disease caused by the SARS-CoV-2 virus, read the draft resolution, expected to be adopted in the third quarter of 2020.