(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 1. First days of
COVID-19 pandemic showed dependence of our country on the supply of
most needed medical supplies, Chairman of Azerbaijan's Small and
Medium Business Development Agency (SMBDA) Orkhan Mammadov,
He said this during his speech at public discussions on
'Perspective opportunities in the medical business' topic.
According to him, high duties on imported goods lead to an
increase in the cost of services.
'We consider it necessary to take support measures to replace
the import of medicines, medical equipment and other drugs into the
country, to stimulate the production of these products by local
entrepreneurs,” Mammadov said.
“It is proposed to introduce progressive PPP (Public Private
Partnership) models, and the development of benefit mechanisms,
taking into account the fact that this area is science-intensive
and financially intensive,” he noted.
“Registration of products imported into the country by
entrepreneurs sometimes leads to large losses of time. The period
of testing products in the relevant laboratories leads to its
deterioration, additional loss of time and other costs,” he
“In this regard, we propose optimizing interdepartmental
coordination and stimulating the creation of private laboratories,'
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