Restrictions lifted on 24 drug exports amid coronavirus pandemic
Coronavirus
The world's main supplier of generic drugshas lifted restrictions on the export of 24 pharmaceutical ingredients and medicines made from them, the government said in a statement.
It had imposed the restrictions last month as the coronavirus outbreak disrupted global supply chains.
The ban on the export of paracetamolandhydroxychloroquine has been lifted partially. It will depend on the availability of the domestic stock and requirements.
After clearing the domestic requirements PHARMAand MEA will decide the allocations on humanitarian ground.
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The decision came after a telephone call on Saturday between Indian Prime Minister Narendra Modi and USPresident Donald Trump.
"The two leaders agreed to remain in touch on the issue of global supply chains for critical pharmaceuticals and medical supplies and to ensure they continue to function as smoothly as possible during the global health crisis," White House spokesman Judd Deere, said in a tweet on Saturday following the leaders' call.
India had restricted the exports of 26 ingredients and medicines on March 3. Paracetamol and its formulations accounted for two items on the original list.
The 26 active pharmaceutical ingredients and medicines accounted for 10 per centof all Indian pharmaceutical exports and includes several antibiotics, such as tinidazole and erythromycin, the hormone progesterone and Vitamin B12.
India has also placed restrictions on the export of most diagnostic testing kits. And in recent weeks it had also banned the export of ventilators, masks and other protective gear needed by both patients and medical staff.
During the telephone call on Saturday, Trump urged Modi to release supplies of the anti-malaria drug hydroxychloroquine, which is being tested as a possible treatment for patients with COVID-19 - the disease caused by the coronavirus.
Trump said late on Monday in Washington that India could face retaliation for its decision to ban exports of hydroxychloroquine.