Time in Yerevan: 11:07,   1 June 2024

Issue of establishing joint medicine companies in free economic zone to be discussed with Iranian side

Issue of establishing joint medicine companies in free economic zone to be discussed with Iranian 
side

YEREVAN, DECEMBER 10, ARMENPRESS. Minister of Economic Development and Investments Suren Karayan on December 10 held a meeting with Executive Director of Medicine Producers and Importers Union of Armenia Samvel Zakaryan, press service of the Ministry told “Armenpress”.

At the meeting a number of issues related to the sector, in particular, the new procedures in the EAEU were discussed. An agreement was reached to hold a meeting in the Union with the companies of the sector, as well as with the participation of the representatives of the Healthcare Ministry and the Development Foundation of Armenia. The meeting will aim to introduce the new procedures over the common market for medicines within the EAEU to be launched on January 1, 2017 and the export opportunities for the Armenian medicine companies.

The Ministry also proposed to consider the development opportunities of the medicine sector in the context of deepening economic cooperation, as well as establishment of free economic zone with Iran.

In particular, an agreement was reached that the Union will negotiate with the Iranian medicine companies on establishing joint Armenian-Iranian medicine companies in the free economic zone and will submit respective proposals to the Ministry. 








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