The dispute between the European Union and India over the transit of generic drugs through Europe has been resolved, EU Trade Commissioner Karel De Gucht said on Wednesday.
“We have discussed this in detail with our Indian counterpart,” De Gucht said during a visit to Ottawa, in Canada, for free trade talks.
“I think it’s fair to say that in substance we have an agreement, but to put this into practice, we have to modify European regulations or European legislation, and we have to do that through the co-decision procedure, which obviously takes some time,” he said.
“But on substance we have an agreement,” De Gucht added.
He offered no details on the deal.