Coronavirus: Angela Merkel warns Davos against vaccine race

The German chancellor has urged wealthy countries to work together on fighting the COVID-19 pandemic. Nations, particularly in the developing world, have said they are struggling to acquire vaccination doses.

German Chancellor Angela Merkel has urged against a vaccine race between richer countries, saying that a multilateral effort was the best way to exit the coronavirus pandemic.

Addressing the World Economic Forum's virtual summit by video link on Tuesday, Merkel said it was also essential to support programs subsidizing poor countries' access to vaccines.

"It has become even clearer to me than it was before that we need to choose a multilateral approach, that a self-isolating approach won't solve our problems," she said.

"We see that first of all in the

question of vaccination since it is the route out of the pandemic. Money is one thing, but the other thing in a time of scarcity is the availability of the vaccine. Here it's about a fair distribution, and

not about a question of money.

"Let's not kid ourselves, the question of who gets which vaccine in the world will of course leave new wounds and new memories because those who get such emergency help will remember that," she added.

South Africa"s Ramaphosa decries 'vaccine nationalism'

The address is set to be Merkel's last at the World Economic Forum as chancellor. She plans to step down in September.

Countries particularly in the developing world have said they are struggling to acquire vaccinations, but they are also mulling diplomatic and logistical considerations as they place their vaccine orders.

Western nations have focused on jabs from BioNTech-Pfizer, a joint US and German partnership, the UK's AstraZeneca and Moderna.

But developing countries have started to look at China's Sinopharm or Russia's Sputnik V vaccine.

South African President Cyril Ramaphosa on Tuesday lashed out at "vaccine nationalism," accusing rich countries of bulkbuying coronavirus vaccines and hoarding them to the detriment of others.

'A self-isolating approach won't solve our problems,' said Merkel