Serbia will invest as much as needed to produce Sputnik V, Vucic tells Reuters

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Source: REUTERS/Zorana Jevtic

Serbia's President Aleksandar Vucic told British Reuters news agency on Friday that his country would invest as much as necessary to start producing the Russian Sputnik V vaccine at home by the end of the year.

The talks on the issue are expected next week during the Russian experts’ visit to Serbia.

Vucic also said he had reached an initial agreement with his Russian counterpart Vladimir Putin about the procedure’s start, which he described as „complicated and tough.“

He added that Serbia wanted to produce the vaccine for domestic use and export it to the regional countries.

„Currently, we don’t have capacities for the production of Sputnik V, but we’ll build them whatever the cost may be, it doesn’t matter, we will invest,“ Vucic said.

Reuters said that „with over 530,000 people, or around 7.5 percent of its population, inoculated against COVID-19, Serbia globally holds the fourth highest vaccination rate per 100 people, behind Israel, Britain and the United States“.