In a growing trend, New Zealand might become one of the next countries to adopt a plain-packaging law. The law would require that tobacco products be sold without any branding or trademarks. The New Zealand Parliament Health Committee passed a bill last week that gives approval to legislation to introduce these measures. The law will be on hold until a legal challenge to Australia’s plain-packaging law has been resolved between the country and the World Trade […]
On 26 June the UK Department of Health released draft regulations for plain packaging on tobacco products which it proposes introducing in 2016. The government has not made a final decision on whether to introduce standard plain packaging yet, but if the draft regulations are adopted in their current form it will be credit negative for tobacco manufacturers including Philip Morris International Inc, or PMI (A2 stable), British American Tobacco plc, or BAT (A3 stable), […]