Friday, July 8, 2011
India Meets Criteria to Join OECD "Mutual Acceptance of Data" Program
The achievement is important because OECD consists of mostly economically developed countries, and India joins Brazil, Singapore and South Africa as the only developing countries to meet the tough OECD standards. Being able to enjoy the benefits of the MAD program will greatly enhance marketability. MAD is the system in which the results of a set of health and safety studies can be submitted in support of a product, and acceptance by a rapporteur member state is deemed acceptance by all member states.