To boost up pharma sector in India and Uzbekistan delegation meet held

To boost up pharma sector in India and Uzbekistan delegation meet held

To boost up pharmaceutical sector in India and Uzbekistan both countries; Mansukh Mandaviya, Union Minister for Road Transport & Highways, Shipping, Chemical & Fertilizers had a meeting with the Delegation of Uzbekistan lead by Mr. Salombek Khabibullaev, Deputy Chief Minister of Andijan Region. Dr. H.G. Koshiya, Commissioner of FDCA – Gujarat, Viranchi Shah, President of IDMA-GSB & representatives from Gujarat Chamber of Commerce and Industry, Ahmedabad were part of the delegation level meeting.

Few months ago Memorandum of Understanding (MoU) has been signed between India and Uzbekistan for establishment of the Uzbek-Indian Free Pharmaceutical Zone in the Andijan Region of Uzbekistan. In view of the importance of the growth of the pharmaceuticals and biopharmaceutical industry in both countries and the importance of mutual cooperation in trade, industry and production in the pharmaceutical and biopharmaceutical sectors, both the countries have been trying to establish a formal mechanism of bilateral cooperation.

The MoU will create an enabling framework of cooperation for setting up an Uzbek-Indian Free Pharmaceuticals Zone in Andijan region of Uzbekistan. It will also facilitate Indian pharmaceutical and biopharmaceutical companies to invest in and establish production facilities in the Uzbek-Indian Free Pharma Zone of Andijan for manufacture of Pharmaceutical Products.