India will only export Hydroxychloroquine to governments of other countries and not to companies
This product is currently in the restricted category for export, so it has been decided. Although the export of this drug is completely banned, the Government of India has decided to export it due to its global commitment to combat the CoronaVirus epidemic.
India will export the malaria drug Hydroxychloroquine
India will export the malaria drug Hydroxychloroquine, which is currently in high demand worldwide, only to foreign governments and will not be sold to private companies. Sources gave this information According to the news of PTI, this product is currently in the restricted category for export, so it has been decided. Although the export of this drug is completely banned, the Government of India has decided to export it due to its global commitment to combat the CoronaVirus epidemic.
Sources said hydroxychloroquine is still a banned item. This trade is prohibited from private companies to private companies or from a domestic exporter to a foreign importer. The process that the government is adopting is aimed at helping those countries who desperately need it or who already depend on India for this medicine or friendly countries like Nepal, Sri Lanka, and Bhutan. ”
Explaining the process
Explaining the process, the sources said that the countries which have to import hydroxychloroquine will have to submit their application through the Ministry of External Affairs. The Department of Pharmaceuticals will then assess the quantity demanded by that country and recommend allowing the Department of Customs officials to license or issue consignments to the Directorate General of Foreign Trade (DGFT) without compromising the availability and interests of India. Will do.
DGFT comes under the Ministry of Commerce and gives license or permission or no objection certificate for export or import. India banned the export of hydroxychloroquine on 25 March with few exceptions. Later on April 4, its exports were banned completely without exception. This medicine is being used to treat coronavirus infection.
During a telephone conversation with Prime Minister Narendra Modi last week, US President Donald Trump demanded the supply of hydroxychloroquine to the US. Hydroxychloroquine is an old and inexpensive drug used to treat malaria. India is the largest producer and exporter of this medicine globally.