Belarusian pharmaceutical plants will supply medicines worth $7 million to Azerbaijan.
The supply of medicines will be realized upon the contracts signed among Azerbaijani companies and Belarusian pharmaceutical plants "Belmedpreparaty" and "Borisov Plant of Medical Preparations".
The contract was signed during the 23rd Azerbaijan International Healthcare Exhibition, BIHE-2017, which kicked off at Baku Expo Center on September 28.
Earlier, Belarusian Minister of Health Valery Malashko stressed that Azerbaijan and Belarus are interested in expanding relations in the pharmaceutical area and establishing a joint venture.
Azerbaijani Economy Minister Shahin Mustafayev, in turn, noted that Azerbaijan pays special attention to development of the pharmaceutical industry, adding that for this purpose, the Pirallahi Industrial Park has been established.
The Pirallahi Industrial Park was created by the order of the President of Azerbaijan Ilham Aliyev in September 2016 and specializes in the production of pharmaceutical products.
Currently, three pharmaceutical plants are being constructed in the Pirallahi Industrial Park.
Cooperation of Belarus and Azerbaijan in the economic sphere has been developing dynamically over the past decade.
Belarus mainly exports to Azerbaijan the production of machinery, woodworking, tires, foodstuff, medicine, household appliances, dishes and other goods, meanwhile Azerbaijan exports to Belarus the products made of aluminum, products of petrochemistry, engineering and agriculture.
Azerbaijan’s first Trade House was opened in Belarusian capital Minsk, on May 26.
Trade House in Minsk has signed deals with a number of major Belarusian trade companies to organize sale of Azerbaijani products in the country.
As of August, the Trade House has contributed to export of 84 tons of fruit and vegetable products, including 8,000 bottles of olive oil, 2,700 bottles of pomegranate juice and more than 1,200 boxes of tea, to Belarus.
Trade turnover between Azerbaijan and Belarus amounted to $79.08 million in January-July 2017, $8.25 million of which fell on exports from Belarus, according to Azerbaijan’s State Customs Committee.
azernews.az