Iran Pays Off for 16 million Doses of Vaccine via COVAX

Iranian Minister of Energy (Water and Electricity) Reza Ardakanian 16 million doses of COVID-19 vaccines through COVAX facilities out of foreign exchange resources in Iraq. With the coordination made, the amount of 115 million of Swiss franc was deposited into the account of a Swiss bank out of country’s FOREX resources at TEJARAT Bank in Iraq in order to receive 16 million doses of COVID-19 vaccine through COVAX facilities. The Chairman of Iran-Iraq Joint Economic Cooperation had revealed the issuance of license for the provision of Iran’s FOREX resources in Iraq for the purchase of 16 million doses of COVID-19 vaccine through COVAX as well as transfer of this amount to a European bank. Earlier, he had announced that the currency required for the purchase of COVID-19 vaccine from Russia would be provided out of Iran’s demands from Iraq. - Mehr