EU pharma manufacturers to benefit from new Bosnia trade deal

Published: 28-Apr-2008

EU ministers have been asked to approve swiftly a comprehensive trade agreement between the EU and Bosnia & Herzegovina, slashing duties on EU exports of pharmaceutical inputs.


EU ministers have been asked to approve swiftly a comprehensive trade agreement between the EU and Bosnia & Herzegovina, slashing duties on EU exports of pharmaceutical inputs.

The move follows approval of long awaited Bosnian policing reforms, which were a condition of the deal.

As soon as the deal is formally approved by the EU Council of Ministers and the Bosnian federal parliament, Bosnian import duties on EU-made products or preparations used to make pharmaceuticals; certain intermediate products used to make antibiotics; and gelatin capsules used to make drugs, would be halved and scrapped altogether the following January.

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