Localization Barriers to Trade in Medicines and Health Care Products: The Tricky Business of Balancing Competing Interests
In this article, Dr. Lincoln Tsang examines the increasing importance of trade policy and agreement in cross-border trade of pharmaceutical and healthcare products and access to essential pharmaceutical and biological medicines to maintain a sustainable healthcare ecosystem. He also highlights the increasingly challenging political and economic environment faced by industries. The impact of WTO rules on the application of localization policies as an economic tool and the impact of trade rules post-Brexit are also discussed.
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