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THE BAD AND THE GOOD

India is 2nd largest exporter of fake medicines to EU ...

Reghu Balakrishnan

Posted: 2008-05-20 23:23:51+05:30 IST
Updated: May 20, 2008 at 2323 hrs IST

Mumbai, May 19 : counterfeit and pirated articles. However, cigarettes and clothing continue to be faked in large quantities and there has been a worrying increase in sectors that are potentially dangerous to consumers like medicines, electrical equipment, and personal care products, EU said in its statement.

In 2006, India was in second position in ready-to-wear accessories segment with 19% article seized, following China . "Counterfeiting continues to pose a dangerous threat to our health, safety and our economy," warns EU Taxation and Customs Commissioner László Kovács.

Enraged by the increasing fake drug supply, the European Commission had launched a public consultation on the dangers of counterfeit drugs and had invited ideas to be submitted for regulatory reform. As per foreign media reports, the commission plans to plug in the deficiencies in the supply chain integrity through strict adherence to Good Distribution Practice (GDP), Good Manufacturing Practice (GMP) standards and transparency in the distribution chain....

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