13 Nov 2010
There are four major publicly available legally binding agreements in effect between the European Union (EU), its Member States (MS), and multinational tobacco companies. The first such agreement was the Philip Morris International Anti-Contraband and Anti-Counterfeit Agreement and General Release (PMI Agreement), signed while litigation between the parties was pending in July 2004 as a ‘resolution of all past disputes relating to contraband cigarettes’ and a ‘forward-looking’ arrangement for ‘strong coordinated action’ in combating illicit trade in cigarettes.
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