Beijing offers Latin America $1bn loan to help it access China’s coronavirus vaccine

Mexico’s Foreign Ministry

Mexico’s Foreign Ministry said on Wednesday that China plans to provide a $1 billion loan to make its Covid-19 vaccine accessible for countries across Latin America and the Caribbean.

According to the ministry, China made the pledge at a virtual meeting of ministers from some Latin American and Caribbean nations. Argentina, Barbados, Chile, Colombia, Costa Rica, Cuba, the Dominican Republic, Ecuador, Trinidad and Tobago, Panama, Peru and Uruguay also participated in the event, at which they discussed cooperation to tackle the impact of the pandemic.

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