Gateway to Russia
 RUSSIA IN FACTS
25 January 2004 14:51
EU acts to stem flow of fake medicines
A "strike force" of undercover Customs officers and border patrols has been set up to stop the flow of fake medicines into Britain and Europe. The elite units will begin work this summer after experts warned of a marked increase in the smuggling of counterfeit goods and drugs into the European Union, particularly from Russia, China and South Asia. The latest EU figures suggest that 100 million fake goods, including CDs, jeans and watches, were smuggled into Europe last year - a 17.5 per cent increase on the number for 2002. Recent seizures also show traffickers are now faking mass-market goods, including basic medical items such as decongestants and petroleum jelly. The Independent on Sunday revealed last week that counterfeiting experts fear the UK could see a surge in fake drugs when the EU admits new East European members. As a result, European governments have pledged to introduce far tougher measures to control the trade, including the Customs "strike force". This summer, Customs officers will be empowered to seize any suspicious shipments of drugs and allow the medicines' legal patent-holder to inspect them for fakes. New members to the EU, such as Hungary, Poland, Cyprus and Slovakia, will be required to introduce strict anti-trafficking penalties and medicines regulations after they join the EU in May. Dr Harvey Bale, head of the International Federation of Pharmaceutical Manufacturing Associations in Geneva, Switzerland, said: "Europe is confronted by counterfeits from Asia, Africa and Russia. They will be growing sources of fake medicines."
[Independent on Sunday]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.

MOST POPULAR ARTICLES

Russia`s defence industry crisis
Undesirable exchange rate variations
LUKoil buys gas stations in US
The ruble state securities market heats up; The RTS breaks 600
Creating "artificial sun"
Residential Prices Soar in 2003

MORE OF THE LATEST NEWS
Budget surplus almost $2bn in January
ESA and Russian space agency launch joint project
Russian TV goes digital
Perpetrators identified in North Ossetia blast
Real incomes rise 14.5% in 2003
Putin"s income and property posted

top        Send article by e-mail

Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times