trade wars

26 april 2021

What made USA change its heart in a day and agree to release embargo on raw material for SII & Bharat biotech? 

As soon as Biden took to office, American Pharma companies lost no time and made full efforts to capture Indian vaccine market at the right time. While India is facing most challenging situation, the US Pharma lobby used diplomatic arm-twisting to achieve their end.

While the USA pharma lobby was successful in using oval office of POTUS to block raw material required for manufacturing covid vaccine in india, they forgot one crucial aspect " Yeh naya bharat he, ghar me ghusega be or thokega bi" 

While in the past 73 years of independent India, very rarely the country had a political leadership that understood business. The whole world runs on business, global trade and the present Indian leadership did not lose its focus either. 

While America wielded its wand threatening blockage of raw material, India and its national security advisor very silently without going to the media sent a clear message to American NSA that if you know a trick of the game we know how to play it better.

India made America realise that the critical raw material required for manufacturing covid vaccine by Pfizer is being manufactured and supplied by an indian company based in Mumbai and if America doesn't oblige global trade commitments then India may as well pay it back in kind.

In this game, There are two important aspects that we as Indians should appreciate, Indian prime Minister did not speak to the American president but it was Indian NSA who spoke to American NSA, I.e If America can invoke wartime provision, so can we is the message. Second while America taunted and went to media, India did not speak a word but straightaway got to business. message is clear, we mean business and no nonsense.

While many Indians may not have observed this, the whole world has..!! on how India has just shown the finger to big brother and wasted no time moving in to take its new position in the global world order.

Under these challenging situations where India media is selling fear and Doomsday scenario this development has made my day, as they saying goes,

'Spine grows at the back when pushed to the wall' today we should be proud as Indians that Atma Nirbhar is not just a catchy phrase but is becoming part of every Indians belief & India is not a land of snake charmers naysayers.

Jai hind.

Business today 22 april 2021

The lever India is NOT using against US arm-twisting of local vaccine makers

Mumbai headquartered pharma and nutraceutical specialty ingredient maker VAV Lifesciences and its subsidiary VAV Lipids is going to supply highly purified 'synthetic phospholipids' required for vaccine manufacturing in US.

While the US has restricted export of vaccine ingredients to help its domestic COVID-19  vaccine manufacturers Pfizer-BioNTech and Moderna, an Indian company is supplying a crucial and rare ingredient required for manufacturing their m-RNA technology based COVID-19 vaccines. It's a lever India could use as a bargaining chip to get US to lift curbs on supplies to Indian vaccine makers from the country.

*******

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