Economy, Banking and Finance · 26 August 2026
Central Bureau of Narcotics (CBN) and Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) sign MoU to regulate pharmaceutical exports
Exam-focused facts from the 26 August 2026 current affairs briefing.
Key facts
- On August 25, 2026, the Central Bureau of Narcotics (CBN) and Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) signed a Memorandum of Understanding (MoU) at CBN Headquarters in Gwalior.
- The MoU aims to promote legitimate pharmaceutical exports while preventing the diversion of controlled substances.
- The documents were exchanged by Dr. Dinesh Bisen, Narcotics Commissioner, and Raja Bhanu, Director General of PHARMEXCIL.
- CBN administers the facilitation, regulatory, and enforcement provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.
- Under the MoU, CBN developed a voluntary and non-binding Code of Conduct for pharmaceutical exporters in consultation with PHARMEXCIL.
- The MoU includes provisions for joint workshops, awareness campaigns, streamlined export procedures, and exchange of information for regulatory purposes.
- This is CBN's third MoU with industry bodies, after agreements with the Indian Chemical Council in 2022 and CHEMEXCIL in 2025.