Hungarian companies can start medicine production in Azerbaijan, Shahin Mustafayev, Azerbaijani economy minister, told reporters June 28.
“We talked about the Hungarian companies’ producing medicine in Azerbaijan [at the sixth session of the Azerbaijan-Hungary Intergovernmental Commission],” the minister said. “I believe work will be conducted in this area in the near future.”
Exploring the opportunities of the joint medicine production is envisaged in the memorandum of understanding (MOU) signed at the intergovernmental commission’s meeting in Baku June 28, Trend reports.
Moreover, the MOU envisages the continuation of negotiations with Hungarian distributors, investors and shareholders in the medical projects to provide Azerbaijan with high-quality medical products.
Azerbaijan also offers cooperation in the medical sector, in particular, in the production of medical equipment, exchange of experience, development of medical tourism, etc.