India will export the malaria drug hydroxychloroquine only to foreign governments, it will not be sold to private companies. Currently, there is a great demand for this medicine. This drug has been kept in restricted category for export. Hydroxychloroquine is an old and inexpensive medicine used to treat malaria. India is the largest producer and exporter of this medicine globally.

For your information, let us tell you that the export of this medicine is completely banned, but the government will export it due to its global commitment to combat the coronavirus epidemic. Sources said, 'Hydroxychloroquine is still banned. Trading is prohibited from private companies to private companies or from a domestic exporter to a foreign importer. The process the government is adopting is aimed at helping those countries that need it most or who are already dependent on India for this medicine, this includes friendly countries like Nepal, Sri Lanka and Bhutan.

To prevent the infection of the virus, the countries which have to import hydroxychloroquine will have to submit their application through the Ministry of External Affairs. The Department of Pharmaceuticals will then assess the quantity demanded by that country and recommend allowing the Department of Customs officials to license or issue consignments to the Directorate General of Foreign Trade (DGFT) without compromising availability and interests in India. Will do. DGFT comes under the Ministry of Commerce and gives license or permission or no objection certificate for export or import.

Also Read:

There is a huge decline in demand for gold due to this reason

Asian Development Bank will help India to fight Corona

These are good investment option for retirement

UP govt gives Rs 1,000 financial assistance to over 4.8 lakh daily wagers