MINSK, 29 January (BelTA) – The pharmaceutical industry is the most promising avenue of cooperation between Belarus and India. The two countries would like to intensify cooperation in this field. The matter was discussed at a meeting between Mikhail Myasnikovich, Chairman of the Council of the Republic who is also in charge of cooperation with India, and Dr. Lalit Chokhani, Belarus’ Honorary Consul in Mumbai, BelTA learned from the press service of the upper chamber of the Belarusian parliament.
Indian companies operating in Belarus get access to the market of the Eurasian Economic Union. “By joining efforts we can implement ambitious and mutually beneficial projects,” Mikhail Myasnikovich noted.
Indian investments are used to build three pharmaceutical companies in Belarus, namely in Beshenkovichi (Vitebsk Oblast), Skidel (Grodno Oblast) and Kolyadichi. In August 2018 the National Academy of Sciences of Belarus and Cipla, an Indian pharmaceutical and biotechnology company, launched another joint project to set up a sci-tech center to produce medicines in Minsk. The cornerstone ceremony was attended by Non-Executive Chairman of Cipla Dr. Yusuf Hamied. Mikhail Myasnikovich urged to speed up work on this project and suggested drafting a roadmap setting forth specific deadlines. “The project should gain momentum; there are no reasons for procrastination,” he emphasized.
The speaker noted that Indian investors are also welcome to take part in a project to establish a big multi-modal manufacturing and logistics center in the village of Bolbasovo, Vitebsk Oblast. “If Indian business came here, it would benefit both Belarus and India. There are several lines of business to choose from – manufacturing, logistics, services,” Mikhail Myasnikovich said.
The honorary consul noted that Belarus and India have good cooperation prospects; Indian business people show interest in several economic sectors of Belarus. He suggested arranging a meeting of Mikhail Myasnikovich with the Belarusian honorary consuls in India, Bangladesh, and Sri Lanka in Minsk in August 2019 to discuss cooperation prospects and potential joint projects. Mikhail Myasnikovich upheld this proposal.
During the talks the parties discussed a number of other matters, like educational partnerships and medical tourism.