Lowering import duty to bring down vax price

The Customs has a critical role in facilitating the cross-border movement of the vaccines

The unprecedented surge in Covid-19 cases across the country and complaints of shortage of medicines and vaccines to cope with the infections have forced the government to alter some policies.
 
Last week, the Centre prohibited the exports of Remdesivir injection and Remdesivir active pharmaceutical ingredients (API).
 
The transitional arrangements at Para 1.05 of the Foreign Trade Policy allows exports against letters of credit established before any restriction comes into effect. However, this relaxation is not available for the export of Remdesivir injections or Remdesivir API.
 
The government also gave approval to Russian Sputnik vaccine for emergency use