Myanmar pharmaceutical imports increase
Tuesday, 12 June 2007
YANGON, June 11 (Xinhua): Myanmar imported pharmaceutical products valued at 100 million U.S. dollars in 2006-07 which ended in March, an increase by 25 per cent from 2005-06 when it was 80 million dollars, a local media reported today.
These pharmaceuticals were mainly imported from such Asian nations as India, Bangladesh, China and Indonesia, the Myanmar Times quoted the Ministry of Commerce as saying.
Of the imports, only 10 per cent came from European countries, the sources said, adding that 60 per cent of the imports were done through normal trade, while the rest through border trade.
Myanmar has one state-run Pharmaceutical Industry operating under the Ministry of Industry-1 and the industry has three factories respectively in Yangon, Pyin Oo Lwin and Tatkone near Nay Pyi Taw supplying 40 per cent of the domestic market.
Meanwhile, the Myanmar health authorities are strengthening the supervision of security of food and drug on sale in the markets and examination is occasionally carried out to ensure that drugs produced locally are quality products which meet the set standard for public safe consumption and those imported are only genuine and potent and quality ones.
Myanmar enacted the National Food Law in March 1997, forming a special food and drug authority in a bid to enable the public to consume food of genuine quality, free from danger and hygienic problem, and to control and regulate the production, import, export, storage, packaging, distribution and sale of them systematically.
These pharmaceuticals were mainly imported from such Asian nations as India, Bangladesh, China and Indonesia, the Myanmar Times quoted the Ministry of Commerce as saying.
Of the imports, only 10 per cent came from European countries, the sources said, adding that 60 per cent of the imports were done through normal trade, while the rest through border trade.
Myanmar has one state-run Pharmaceutical Industry operating under the Ministry of Industry-1 and the industry has three factories respectively in Yangon, Pyin Oo Lwin and Tatkone near Nay Pyi Taw supplying 40 per cent of the domestic market.
Meanwhile, the Myanmar health authorities are strengthening the supervision of security of food and drug on sale in the markets and examination is occasionally carried out to ensure that drugs produced locally are quality products which meet the set standard for public safe consumption and those imported are only genuine and potent and quality ones.
Myanmar enacted the National Food Law in March 1997, forming a special food and drug authority in a bid to enable the public to consume food of genuine quality, free from danger and hygienic problem, and to control and regulate the production, import, export, storage, packaging, distribution and sale of them systematically.