The Government of India on Wednesday decided to lift the ban on export of Hydroxychloroquine (HCQ). Union Minister for Chemicals and Fertilizers Sadananda Gowda made the announcement late on Wednesday evening.
In a tweet, the minister said, “Department of Pharmaceuticals has approved the lifting of ban on Export of Hydroxychloroquine API as well as formulations. Manufacturers except SEZ/EOU Units have to supply 20 per cent production in the domestic market. DGFT has been asked to issue formal notification in this regard.”
Soon after the Minister’s announcement, the Directorate General of Foreign Trade issued a notification (09/2015-20) dated June 10, 2020. This notification will amend the Export Policy of diagnostic kits, laboratory reagents and diagnostic apparatus.
“The notification No. 59 dated 04.04.2020 is amended to the extent that only diagnostic kits/reagents as described in para 1(A) and all diagnostic instruments/apparatus/reagents as described in para 1(B) falling under any HS code, including HS codes specified above, are ‘restricted’ for exports whether as an individual item or as a part of any diagnostic kits/reagent,” says the notification by DGFT which falls under the purview of the Ministry of Commerce and Industry.