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Coronavirus vaccine spread will show resumption of globalization, expert says

The Skolkovo Foundation chairman also believes that the peak of the problems caused by the pandemic has not been passed

MOSCOW, May 22. /TASS/. Unhindered spread of the novel coronavirus vaccine around the world in the future will become a sign of resuming globalization, which is characterized by confidence among the states and full-fledged trade and investment ties, Chairman of the Skolkovo Foundation Arkady Dvorkovich told the Startup Village online conference.

"Has the pandemic killed globalization or at a certain moment trust will be restored and we will have a chance to resume full-fledged trade and investment ties and a real division of labor? <…> I think that one of the most evident tests whether this will be so or not will be the speed of the vaccine spread across the world when it is invented. This will be an indicator of how governments trust each other and how companies are ready to make a public benefit what was and may be the result of their own investments in order to restore global economy and a more comfortable life for billions of people across the entire world," Dvorkovich said.

The Skolkovo Foundation chairman also believes that the peak of the problems caused by the pandemic has not been passed and the countries will overcome the crisis at a different pace.

The annual international technological conference Startup Village LiveStream, organized by the Skolkovo Foundation, is held on May 21-22. The online platform of the forum is expected to bring together 200 international experts and 1,000 investors, and some 400 startups will take part in the virtual interactive exhibition of projects Startup Bazaar. The traditional part of the conference will be also the final of the competition of technological startups: the finalists will compete for a prize fund worth 24 mln rubles ($336,480). TASS is a general information partner of the conference.