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Global Trade Alert

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EU: Localisation requirement included in the Advanced Purchase Agreement with BioNTech-Pfizer

Description

On 20 November 2020, the EU and BioNTech-Pfizer signed an Advanced Purchase Agreement (APA) for the production, purchase and supply of the company’s COVID-19 vaccine known as "COMIRNATY". Notably, the...

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Intervention Details

Intervention Type

Local operations incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

20 Nov 2020

Revocation date

20 Nov 2022

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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