New Delhi: India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Although exports of this medicine is completely banned, India has decided to export this anti-malarial drug in sync with its global commitment to deal with the coronavirus pandemic. “Hydroxychloroquine continues to be a prohibited item. Private-to-private company or a domestic exporter-to-foreign importer trade is ban. The procedure, which the government is adopting, is to help countries which are in dire need or which are traditionally dependent on India for this medicine or friendly countries like Nepal, Sri Lanka and Bhutan,” the sources said. Explaining the procedure, they said countries that have to import hydroxychloroquine would have to route their application through the Ministry of External Affairs. The Department of Pharmaceuticals would assess the requirement sought by that country and see its impact on India’s availability and without compromising on India’s interests, it would recommend the Directorate General of Foreign Trade (DGFT) to give a licence or go-ahead signal to customs authorities to release the consignment. DGFT is an arm of the commerce ministry that deals with… Read full this story
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