Business news

MINSK, 8 February (BelTA) – Belarus would like to develop cooperation with Iran in pharmaceutical industry, science and technology. A Belarusian parliamentary delegation led by Chairman of the Council of the Republic Mikhail Myasnikovich discussed opportunities for the implementation of joint projects during its visit to Iran, BelTA learned from the press service of the Council of the Republic.

The Belarusian MPs paid a visit to the Tofigh Daru Research & Engineering Company on 7 February. The company was established in 2000 to design new active pharmaceutical components and implement projects to set up pharmaceutical enterprises. The company accounts for 28.5% of Iran’s total export of pharmaceuticals. “During the meeting, Tofigh Daru representatives expressed the company’s readiness to develop business ties with Belarusian companies. The parties discussed opportunities for localization of production through establishment of a joint venture in Belarus and development of cooperation between Iranian and Belarusian pharmaceutical companies,” the press service said.

The Belarusian delegation led by Mikhail Myasnikovich also visited the Iran National Science Foundation on 7 February. The parties discussed matters related to research conducted by Belarusian and Iranian research centers. Mikhail Myasnikovich noted that Belarus is eager to implement joint projects with Iranian research centers in space exploration, nano- and biotechnology, pharmaceutical industry and other areas. The parties considered opportunities for preparing a plan for cooperation between the National Academy of Sciences of Belarus and the Iran National Science Foundation.

The Belarusian MPs also paid a visit to the Azhitechs, a company that became an official dealer for Minsk Automobile Plant (MAZ trademark) in Iran in 2009, on 8 February. The company commissioned a plant to assemble MAZ vehicles in 2011. More than 500 vehicles have been delivered to Iran over the years of cooperation. Mikhail Myasnikovich met with Mohammad Reza Nematzadeh, Iranian Minister of Industries, Mines and Trade, on 7 February. The minister said that Iran would like to continue purchasing MAZ vehicles. The Belarusian delegation attended a ceremony to open a bus assembly unit and were given a tour of the enterprise.