On January 4th, the "Oriental Tobacco News" released its list of the "Top Ten International Tobacco News of 2024".
Here are the headlines for the following news stories:
The global tobacco industry continues to undergo structural adjustments in a complex and challenging environment. The rapid growth in sales of nicotine pouch brand ZYN has attracted attention from various quarters. The tenth Conference of the Parties to the Framework Convention on Tobacco Control was held in Panama. Negotiations for a "global plastic agreement" have put cigarette filters in the spotlight. A US appeals court ruled that graphic warnings on cigarette packaging are not unconstitutional. Global decrease in tobacco leaf production has led to supply shortages, shrinking the market capacity in the US and reducing operational efficiency for some tobacco companies. Philip Morris International (PMI) reported losses and sold its pharmaceutical subsidiary Vectura. Habanos and Luzhou Laojiao signed a strategic cooperation agreement. Illegal trade is rampant in Pakistan, prompting consideration of exit by British American Tobacco and other tobacco companies.
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