Procedure for issuing import and export declarations for medicines and medical devices has been approved

Mongolia • No. 09/2024 • December 2024

 

In brief

On June 5, 2024, the Parliament of Mongolia adopted the Revised Law on Medicines and Medical Devices (“LMMD”). The LMMD took effect on October 1, 2024, introducing significant changes to the pharmaceutical and medical sectors.

Following the LMMD's adoption, various secondary regulations are anticipated to be revised. In this context, the Procedure for issuing import and export declarations for medicines and medical devices was revised on October 18, 2024 (the "Procedure").

The Procedure aims to regulate the process of requesting and issuing import and export declarations for medicines and medical devices. It applies to the import and export of medicines and medical devices, with exceptions for narcotic and psychotropic drugs, their precursors, health supplements, disinfectants, and medicines and medical devices for personal use.

 

Contact us

Sergi Kobakhidze

Tax and Legal Services Partner, PwC Mongolia

Tsendmaa Choijamts

Director, Tax and Legal services, PwC Mongolia

Tel: +976 70009089

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