Azerbaijan, Uzbekistan discuss prospect of investment in pharmaceutical sector [PHOTOS]

Azerbaijan and Uzbekistan discussed the prospect of investment
in the pharmaceutical sector, Azernews reports, citing Economic
Zones Development Agency (EZDA).

EZDA noted that the Agency received the representatives of about
10 pharmaceutical companies of Uzbekistan in Pirallahi Industrial
Park.

Khilola Ganiyeva, advisor to the chairman of the Pharmaceutical
Industry Development Agency of the Republic of Uzbekistan, and a
delegation of a group of pharmaceutical company executives from
Uzbekistan got acquainted with the work done in the Pirallahi
Industrial Park and the activity of the disposable syringe
production plant of Diamed Co LLC, a resident of the Industrial
Park.

As part of the visit, a meeting was held between the delegation
of Uzbekistan and the management of the Economic Zones Development
Agency under the Ministry of Economy and the Azerbaijan Export and
Investment Promotion Agency (AZPROMO) at the Baku Business
Center.

Welcoming the guests, Elshad Nuriyev, Chairman of the Management
Board of the Economic Zones Development Agency, informed about the
industrial zones operating in our country, the favorable investment
environment created for the development of entrepreneurial
activities, tax and customs concessions.

Within the framework of the meeting, representatives of Uzbek
companies made presentations about the activities of the
enterprises they represent.

In the end, issues related to the implementation of joint
projects in the field of pharmaceuticals in industrial zones, the
possibility of forming a research and development center for the
development of cooperative relations in the direction of
pharmaceuticals were discussed.

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