China to give $1 billion loan for Latin America vaccine access

China has announced that it will vaccinate countries in Latin America and the Caribbean against coronavirus. The country will also provide $1 billion in loans to countries in the region for vaccination. Chinese Foreign Minister Wang Yi made the remarks during a virtual meeting with Latin American foreign ministers on Wednesday. CNN quoted a statement from the Mexican Foreign Ministry on Friday.

In the statement, the Chinese foreign minister said that the vaccine produced in his country would be universally accepted and that his country would approve a $1 billion loan to allow vaccines to enter the region. At a regular briefing on Thursday, Mexican President Andres Manuel Lopez thanked Abrard for announcing the Chinese loan.

“We are grateful to the Chinese government,” he said. You may remember that I had the opportunity to talk to the Chinese President on the phone. I asked him for help rather than medical equipment, many relief flights came from China. They have provided us with enough medicine equipment all the time and it is still running.

Also present at the virtual meeting on Wednesday were Mexican Foreign Minister Marcelo Abrard and a virtual meeting with Chinese Foreign Minister – Argentina, Barbados, Chile, Cambodia, Costa Rica, Cuba, Dominican Republic, Ecuador, Panama, Peru and Uruguay.

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