Philip Morris International Supports WHO’s Latest Effort to Fight Illegal Trade of Tobacco
LAUSANNE, Switzerland--(BUSINESS WIRE)--Nov. 12, 2012--
Philip Morris International Inc.’s (PMI) (NYSE:PM) (Paris:PM) Vice
President of Communications Peter Nixon issued the following statement
today applauding the World Health Organization for passing the first
international protocol to fight the illegal trade of tobacco and
reconfirming the company’s support for the measure.
“With sales estimated at more than 600 billion cigarettes a year – more
than one in every 10 consumed – all black market tobacco products
combined make up the third largest tobacco supplier in the world.
“While the passage of this protocol is not the silver bullet to
resolving this serious issue, it is a step toward addressing a problem
that not only harms governments but fuels organized crime and terrorism.
“The long term solution to this challenge lies in governments
implementing effective policies and providing sufficient enforcement
resources to disrupt the global illegal supply chain through which these
unlawful products are manufactured, transported and sold. In addition,
preventative measures not covered under today’s agreement, such as
regulating the essential materials used to produce tobacco products,
should be considered by governments in the national implementation of
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 approximately 180 countries. In 2011, the company
held an estimated 16.0% share of the total international cigarette
market outside of the U.S., or 28.1% excluding the People’s Republic of
China and the U.S. For more information, see www.pmi.com.
Source: Philip Morris International
Philip Morris International PMI media office T: +41
(0)58 242 4500 E:email@example.com
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