Mongolia approves Russia's Sputnik V vaccine against COVID-19

Russia's RDIF sovereign wealth fund said on Tuesday that Mongolia had approved its Sputnik V vaccine against COVID-19 for domestic use, becoming the 23rd country to do so globally.

Mongolia granted the vaccine an emergency use authorisation without conducting its own clinical trials. Pharmaceutical firm Mongol Emimpex Concern LLC supported the process, the Russian Direct Investment Fund (RDIF) said in a statement.