Iran’s medicine exports to Kazakhstan to see major increase in 2018
Trend:
The volume of Iran’s medicine exports to Kazakhstan is expected to
witness a gigantic leap in 2018, statistics suggest.
Exports of Iran’s medical products to Kazakhstan will rise to $1
million in 2018, the statistics released by Iran’s Trade Promotion
Organization (TPO) indicated.
Ane Dordi Iran Panah, Iran’s commercial attaché in Kazakhstan, said
the Islamic Republic’s share from the Central Asian country’s
medicine market was only $61,000 in 2016, the TPO website reported
May 1.
He added that reports suggest that the Kazak government plans to modernize its pharmaceutical equipment and manage its drug distribution system in a bid to supply 50 percent of its domestic demand in 2019.
He further referred to Iran’s production medicine capacities and
its stance in the region, saying that Iran has the potential to
compete with Asian and European countries in this regard.
"Kazakhstan will need Iran’s medicine imports for at least the next
ten years which can be a good opportunity for Iranian exporters,"
Iran Panah said.
On April 12, 2016, Iran and Kazakhstan signed 66 documents, worth
$2 billion, for cooperation in the public and private sectors.
Kazakhstan and Iran cooperate fruitfully in international and
regional organizations, including the Conference on Interaction and
Confidence-Building Measures in Asia, the Organization of Islamic
Cooperation and Shanghai Cooperation Organization.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!