TRADE IN VACCINES AND RELATED INPUTS: A STUDY OF THE ASIA-PACIFIC REGION

(Corresponding author) Pralok Gupta () and Ayona Bhattacharjee
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(Corresponding author) Pralok Gupta: Indian Institute of Foreign Trade
Ayona Bhattacharjee: Indian Institute of Foreign Trade

Asia-Pacific Sustainable Development Journal, 2022, vol. 29, issue 2, 71-97

Abstract: This study contains an analysis on trade and trade barriers related to vaccines and vaccine inputs in the Asia-Pacific region. The results indicate that that there was significant intraregional trade in vaccine inputs during the period 2000–2020. While vaccines remained duty free or at low tariffs in many countries within this region, several non-tariff measures from the pre-COVID-19 period still continued. The secondary data research is supplemented with the findings from a survey of stakeholders concerned with vaccine production and trade in India. The following are recommendations based on the study: diversification of import sources of vaccines and vaccine inputs; lowering of tariffs; reduction in export restrictions; and the use of trade agreements to ease trade restrictions.

Keywords: Vaccines; Vaccines Inputs; Covid-19; Asia-Pacific; Tariff; Non-Tariff Measures (search for similar items in EconPapers)
JEL-codes: F13 H51 I18 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:unt:japsdj:v:29:y:2022:i:2:p:71-97

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