South Korea
The International Vaccine Institute (IVI) is an international non-profit i.e. devoted to developing and introducing new and improved vaccine to protect the people, especially children, against deadly infectious diseases. The headquarters of IVI is located in Seoul, South Korea. It is in news because the Union Cabinet has recently given its approval to the proposal for India’s taking full membership of the International Vaccine Institute (IVI) Governing Council. This decision involves payment of annual contribution of US $5,00,000 to the IVI.