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International relations

Japan to co-host COVID-19 vaccine fundraising summit in June

COVAX program for developing countries faces $2bn shortfall

The U.S. leads the world with $2.5 billion committed to global funding vaccine distribution while Japan ranks fifth with $200 million.   © Reuters

TOKYO -- Japan, the U.S. and European nations will take part in an online summit in June to discuss expanding aid for free coronavirus vaccine supplies to developing countries, Nikkei has learned.

Officials from Japan, the U.S. and other countries held a preparatory meeting Thursday, with Japanese Foreign Minister Toshimitsu Motegi telling them in a video message that Tokyo "will continue to contribute as much as possible" to the effort.

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