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Global Trade Alert

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EU: Advanced Purchase Agreement with Sanofi-GSK includes localisation incentive

Description

On 18 September 2020, the EU and Sanofi-GSK signed an Advanced Purchase Agreement (APA) for the production, purchase and supply of the company’s COVID-19 vaccine. The agreement included certain incent...

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Intervention Details

Intervention Type

Local operations incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

18 Sep 2020

Revocation date

18 Sep 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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