RULES OF ORIGIN
November 1st, 2001
BY KEITH NUTHALLWHEN pharmaceutical companies dilute imported medicinal ingredients to make a final product, they have in most instances legally created a new locally manufactured medicine, the rules of origin committee of the World Trade Organisation has ruled.The decision means that worldwide, such products would in future be affected by duties, quotas and other import and export regulations relating to the country where they were diluted, rather than where the ingredients were produced.This ruling will apply to all WTO members and is part of an ongoing process ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.