• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceAstraZeneca

Italy blocks vaccine shipment to Australia as furor over slow European roll-out grows

By
Alessandro Speciale
Alessandro Speciale
,
Viktoria Dendrinou
Viktoria Dendrinou
,
John Follain
John Follain
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Alessandro Speciale
Alessandro Speciale
,
Viktoria Dendrinou
Viktoria Dendrinou
,
John Follain
John Follain
and
Bloomberg
Bloomberg
Down Arrow Button Icon
March 4, 2021, 11:31 AM ET

Italy has blocked a shipment of the Astrazeneca Plc.’s coronavirus vaccine to Australia, using a recently introduced European Union regulation, in a move that risks triggering a global backlash.

The move comes after Italian Prime Minister Mario Draghi called during an EU summit last week for a tougher approach against companies that don’t respect their delivery commitments. Officials in Brussels and in Rome confirmed the news of the export ban of 250,000 doses of the shots, which was first reported by the Financial Times.

In January, the European Commission introduced legislation which allows curbs on exports of coronavirus vaccines if drugmakers fail to meet delivery targets within the bloc. The rules came into force after AstraZeneca had informed the EU that it was unable to meet its commitments under an advance purchase agreement with the bloc.

So far Italy is the first country to block the export of vaccines outside the EU, while over 170 requests have been authorized, according to a separate EU diplomat. The decision risks triggering a global protectionist push, as countries areound the world race to immunize their populations.

Under the EU’s export transparency mechanism, countries have to inform the European Commission of their decisions to block or allow exports of vaccines outside the block. The commission did not oppose Italy’s decision, nor does it have the power to block it, an EU official said.

Draghi is working on an overhaul of Italy’s slow and uneven vaccination campaign, focusing on logistics and recruiting the military to help, as new variants accelerate the spread of the coronavirus pandemic.

The former head of the European Central Bank has signaled a strong break with the past by replacing two key officials who were in charge of countering the virus, and he wants to streamline and standardize inoculation procedures across the country, according to officials who asked not to be named discussing confidential preparations.

The premier is banking on an improved vaccination campaign to help kick-start an economy which shrunk almost 9% in 2020, crippled by the pandemic and both regional and nationwide lockdowns.

About the Authors
By Alessandro Speciale
See full bioRight Arrow Button Icon
By Viktoria Dendrinou
See full bioRight Arrow Button Icon
By John Follain
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.