Legal immunity & state assets as collateral: Latin American govts ‘held to ransom’ by Pfizer during vaccine talks, report says

A number of Latin

A number of Latin American countries have reportedly experienced extremely aggressive negotiating tactics by US pharmaceutical giant Pfizer, which has demanded full immunity from any civil claims and state assets as a guarantee.

The questionable negotiating tactics by the pharmaceutical giant have been highlighted in a fresh report by the UK-based Bureau of Investigative Journalism (BIJ). Officials from Argentina, as well as from another unspecified Latin American country, talked to the outlet, describing Pfizer’s approach to negotiations as “high-level bullying” that made the governments feel like they were being “held to ransom.”

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