APEC leaders have committed to improving widespread and equitable access to COVID vaccines.

Prime Minister Scott Morrison was among 21 world leaders to take part in the summit – hosted virtually by New Zealand.

APEC leaders agreed to voluntarily reduce the cost of vaccines and related medical equipment – in an effort to better distribute more COVID vaccines.

In a joint statement at the end of the summit – the leader’s declared:

‘Nobody is safe until everyone is safe, we are determined to ensure extensive immunisation of our people against COVID-19 as a global public good. It remains a priority that we expand vaccine manufacture and supply’.

While world leaders were also able reach agreements on trade and climate change – tensions emerged when picking a host for the next summit in 2023.

The group failed to endorse a US bid – due to Russia’s concerns around the blacklisting of some its diplomats.

The White House is confident an agreement can be reached by the end of the year.

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