Hungary can start producing medicine in Azerbaijan

Hungary can start producing medicine in Azerbaijan

Hungarian companies can start medicine production in Azerbaijan, Azerbaijani economy minister, Shahin Mustafayev, said.

“We talked about the Hungarian companies’ producing medicine in Azerbaijan at the sixth session of the Azerbaijan-Hungary Intergovernmental Commission. I believe work will be conducted in this area in the near future," Trend cited him as saying.

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.

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.