Govt approves lifting ban on export of anti-malarial drug hydroxychloroquine

Union Minister of Chemicals and Fertilizers D V Sadanand Gowda has said that the Department of Pharmaceuticals has approved the lifting of ban on the export of anti-malarial drug hydroxychloroquine API as well as its formulations.

In a tweet, Mr Gowda said that manufacturers except Special Economic Zone and Export Oriented Units  have to supply 20 per cent production in the domestic market. He said, Directorate General of Foreign Trade- DGFT has been asked to issue a formal notification in this regard.

Mr Gowda also said that he  held a detailed discussion with representatives of pharma companies and  association and stakeholder Ministries alongwith Union Ministers including Piyush Goyal and Hardeep Singh Puri on  entire gamut of challenges faced by the industry as well as strategies to boost pharma export.