TASHKENT, Uzbekistan, February 23. Azerbaijan
and Uzbekistan have engaged in discussions aimed at enhancing
cooperation in exports and investments, fostering the
implementation of mutually beneficial projects, and expanding
collaboration in the pharmaceutical sector, Trend reports via the Agency
for the Development of the Pharmaceutical Industry of
Uzbekistan.
The issues were reviewed during a meeting between the Director
of the Agency for the Development of the Pharmaceutical Industry of
Uzbekistan, Abdullah Azizov, and Azerbaijan’s Trade Representative
for Central Asia, Samad Hasanov.
The parties also exchanged perspectives on the organization of
contract manufacturing, optimizing the utilization of existing
production capacities, and fostering technological partnerships.
Emphasis was placed on the need to develop concrete proposals in
these areas and to sustain ongoing negotiations.
During the meeting, the guests were briefed on recent reforms
implemented within the Tashkent Pharma Park pharmaceutical cluster.
In particular, detailed information was provided on the efforts to
enhance infrastructure, expand production and logistics capacities,
and create conducive conditions for resident companies.
Following the discussions, the sides agreed to maintain dialogue
focused on establishing practical cooperation and promoting
mutually beneficial initiatives.
Currently, the investment portfolio between Uzbekistan and
Azerbaijan encompasses approximately 30 projects, with a total
value of $3.4 billion.
