Iranian Drugs in Azerbaijan
A meeting of Minister of Economy of Azerbaijan Shakhin Mustaphaev and Minister of Communication and Information Technologies of Iran Makhmud VAezi was held in Baku. They signed a number of agreements on development of joint ventures.
The first is related to joint manufacture of pharmaceutical products, meeting international standards. An agreement between Azerbaijan investment company (AIC) Azersun Holding and Iranian Darou Pakhsh, preferring to launch manufacture of drugs in Azerbaijan.
An agreement between LLC Sumbaitsky chemical industrial park (SCIP/SKSP) and Iranian Darou Pakhsh has been signed. It will enable organization of a pharmaceutical manufacture in the territory of the park after the Iranian company acquires the status of resident.