Azerbaijan, Uzbekistan Discuss Pharmaceutical Projects In Industrial Zones (Photo)
Date
8/16/2023 5:41:35 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 16. Azerbaijan and
Uzbekistan discussed implementation of joint pharmaceutical
projects in industrial zones, trend reported.
The prospects of investing in Azerbaijan's Pirallahi Industrial
Park were discussed with representatives of pharmaceutical
companies of Uzbekistan, according to the Development Agency of
Economic Zones under Azerbaijan's Ministry of Economy.
Advisor to the Chairman of the Agency for Development of
Pharmaceutical industry of Uzbekistan Hilola Ganieva and a
delegation of representatives of number of pharmaceutical companies
of this country, familiarized themselves with the work done in
Pirallahi Industrial Park and the activity of the factory on
production of disposable syringes of the Diamed Co. LLC, during
their visit to Azerbaijan.
Elshad Nuriyev, Chairman of the Board of the Economic Zones
Development Agency of Azerbaijan, talked about the functioning
industrial zones in the country, the created favorable investment
environment for the development of entrepreneurship, tax and
customs privileges.
The sides also discussed realization of joint pharmaceutical
projects in industrial zones and the possibility of establishing a
research center for development of cooperation in the
pharmaceutical sector.
Azerbaijan's imports of pharmaceutical products increased in
volume by 5 percent (to 16,240 tons) from January through June 2023
year-on-year, while in value terms decreased by 2 percent,
amounting to $322 million.
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