NEW DELHI -- The vaccine partnership announced by the Quad grouping comprising Australia, India, Japan and the U.S. is one of the most concrete takeaways from its leaders' first-ever summit this month, given that the world is still battling the COVID-19 pandemic more than a year after it struck.
Under the joint effort, the four nations plan to pool in their financial resources, manufacturing capabilities and logistics know-how to increase production and distribution of COVID-19 jabs to benefit the international community. India, the world's vaccine leader, which produces 60% of the world's overall vaccine needs, will make 1 billion doses of COVID-19 vaccine as part of an initiative to be financed by the U.S. and Japan, while Australia will help with "last-mile" and logistics and delivery.
