Philip Morris International Comments on the Tobacco Products Directive Adoption by the European Parliament
LAUSANNE, Switzerland--(BUSINESS WIRE)--Feb. 26, 2014--
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
“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.”
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.
Source: Philip Morris International
Philip Morris International media office T: +41 (0)58 242 4500 E:email@example.com
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