Belarus, India realize 3 large joint pharmaceutic projects

Belarus, India realize 3 large joint pharmaceutic projects

Belarus and India are realizing three large joint pharmaceutic projects. The value of investments has summed up to three million dollars.

All these projects are at different stages of readiness. For instance, a scientific research laboratory was opened in Beshenkovichi last month.

Saxena Pankaj, Ambassador Extraordinary and Plenipotentiary of India to Belarus:
In this very case the Indian side provides the technologies. The launch of these joint production lines will contribute to the commodity circulation growth between the two countries. The products will be sold not only at the Belarusian markets, but at external markets as well.

Bilateral cooperation between Belarus and India has activated immensely lately. Regular exchange of visits is carried out on governmental and parliamentary levels. Business circles are conducting intensive negotiations.

The commodity circulation of Belarus and India summed up to 40 million dollars in 2016. However, both the parties speak about a bigger potential. The agreement on the free trade zone between India and the EEU will contribute into it. It will be presented in the nearest time.