MercoPress. South Atlantic News Agency
Argentina promises to review ban on Indian imported pharmaceutical products
Argentina has assured India of reviewing a ban on imported pharmaceutical products and announced the purchase of drugs worth 150-200 million US dollars from Indian firms, a statement said Wednesday. Read full article
Comments
Disclaimer & comment rulespharmaceutical products from India? No, thanks! I would by from the Canadians .....
May 04th, 2011 - 08:02 pm - Link - Report abuse 0“The announcement comes when Argentina is pressing foreign laboratories to comply with a *non written policy of import-export dollar for dollar*.
May 04th, 2011 - 08:11 pm - Link - Report abuse 0This means pharmaceutical companies established in Argentina will have to implement a policy that balances imports with exports if they wish to continue operations in the country.”
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Perhaps dollar-for-dollar Argentinan Ibuprofen will travel East (West?) as Indian Paracetamol flies in the opposite direction.
. . . and Argentinian Paracetamol will pass Indian Ibuprofen in mid-air.
Will Generic drugs flight be dollar-for-dollar-priced less than Branded drugs flights?
Perhaps CFK should instruct her team to adopt something called ‘flexibility of approach’ otherwise all she will receive is opprobrium as a Trade-Blocker.
Another major problem arises when countries *without* patent protection/IPR have to trade with countries *with* PP/IPR.
Another major problem arises when quality standards of an exporting company/country do not meet the minimum requirements of the country to which the goods are going. How does Dollar-For-Dollar agreements get round this problem?
Why the ban? Does it have anything to do with intellectual property issues? AFAIK, most Indian pharmaceutical exports are generic products. That could well be the case.
May 04th, 2011 - 09:08 pm - Link - Report abuse 0Most Indian products are cheaper than the local version - that IS the case !
May 04th, 2011 - 11:53 pm - Link - Report abuse 0http://www.buenosairesherald.com/article/66174/lower-house-approves-healthcare-regulation-draft-bill to those who understands, what do you think about this?
May 05th, 2011 - 12:13 am - Link - Report abuse 0#3 Forgetit87 The case is that the goverment wants to decide who can import and/or export. Secretary of Commerce (Moreno) ordered that any company importing any goods in Argentina must export goods for the same amount. One example, BMW Argentina (subsidiary of BMW in Argentina) bought wine in order to import luxury cars not made in Argentina (cars made in Argentina does not meet this quality).
May 05th, 2011 - 12:12 pm - Link - Report abuse 0The ban have nothing to do with intellectual property issues, is only to keep dollars in the Central Bank of Argentina.
So car companies have to become wine importers in order to sell cars in Argentina!
May 05th, 2011 - 07:11 pm - Link - Report abuse 0The inmates have taken over the asylum, and are saying “you can only bring us in food if you accept our dirty washing”.
How about this? “India’s Glenmark Pharmaceuticals on Thursday said it has opened its new facility in Argentina which would serve as a global hub for cancer treatment drugs.” - It´s all about money; I think that Argentina is the only country in the world which now taxes EXPORTS and imports! This way the government gets money (through Moreno) going and coming.
May 06th, 2011 - 02:50 pm - Link - Report abuse 0Commenting for this story is now closed.
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