MOSCOW, Feb. 19, 2021
Republic of San Marino – the world's oldest constitutional republic, has approved Sputnik V
MOSCOW, Feb. 19, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces the approval of the Russian Sputnik V vaccine against coronavirus by the Ministry of Health of the Republic of San Marino – the world's oldest constitutional republic.
The vaccine was approved under the emergency use authorization procedure. San Marino has become the 30th country in the world to approve Sputnik V. The vaccine is one of the world's top three coronavirus vaccines in terms of the number of approvals issued by government regulators.
Sputnik V had been approved earlier in Russia, Belarus, Argentina, Bolivia, Serbia, Algeria, Palestine, Venezuela, Paraguay, Turkmenistan, Hungary, UAE, Iran, Republic of Guinea, Tunisia, Armenia, Mexico, Nicaragua, Republika Srpska (entity of Bosnia and Herzegovina), Lebanon, Myanmar, Pakistan, Mongolia, Bahrain, Montenegro, Saint Vincent and the Grenadines, Kazakhstan, Uzbekistan and Gabon.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said:
"San Marino, the oldest state in Europe, has joined 29 other countries around the world where Sputnik V will become one of the key tools in the fight against coronavirus. The vaccine is widely recognized globally by medical professionals and regulatory authorities thanks to its high efficacy, safety and affordability."
Sputnik V has a number of key advantages:
Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF's management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 80 projects with foreign partners totaling more than RUB2 tn and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 800,000 people and generate revenues which equate to more than 6% of Russia's GDP. RDIF has established joint strategic partnerships with leading international co-investors from more than 18 countries that total more than $40 bn. Further information can be found at www.rdif.ru.