LAUSANNE, Switzerland. - Wednesday, February 26th 2014 [ME NewsWire]
(BUSINESS
WIRE) Philip Morris International Inc.’s (PMI) (NYSE/ Paris Euronext:
PM) EU Region President Drago Azinovic made the following comment
regarding the adoption by the European Parliament of the Tobacco
Products Directive (TPD):
“The Tobacco Products Directive adopted
by the European Parliament today represents a worrying departure from
the EU’s basic standards of proportionate, evidenced-based policymaking,
which will further erode intellectual property rights and undermine the
EU Charter where these rights are protected.
“Instead of further
harmonizing the internal market, a stated objective of the Directive,
measures in the TPD will make the EU less competitive and be a gift for
the criminals profiting from the black market in tobacco. This will be a
blow to the hundreds of thousands of people working in the legal
industry and member state governments now faced with filling budget
gaps.”
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About Philip Morris International Inc.
Philip
Morris International Inc. (PMI) is the leading international tobacco
company, with seven of the world’s top 15 international brands,
including Marlboro, the number one cigarette brand worldwide. PMI’s
products are sold in more than 180 markets. In 2013, the company held an
estimated 15.7% share of the total international cigarette market
outside of the U.S., or 28.2% excluding the People’s Republic of China
and the U.S. For more information, see www.pmi.com.
Contacts
Philip Morris International media office
T: +41 (0)58 242 4500
E: media@pmi.com
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