The Republic of Belarus is constantly working on strengthening and development of international cooperation. Foreign investments in health, establishment of joint pharmaceutical companies, expansion of the international market for domestic medicinal products and medical devices may become mutually beneficial. Thus, the 14th session of the joint Belarusian-Iranian Commission for Economic Cooperation was held on January 22-23 this year in Tehran, Islamic Republic of Iran. The Belarusian delegation was headed by Minister of Industry Vitaly Vovk, Chairman of the Belarusian part of the Commission, the Iranian part was headed by Minister of Industry, Mine and Trade Mohammad Shariatmadari.
Interaction of two countries in the economic sphere has positive dynamics. Mohammad Shariatmadari and Vitaly Vovk noted a significant increase in trade relations between Belarus and Iran over the last year, underlined the necessity to expand economic ties, willingness to remove obstacles for financial transactions for further expansion of relations in the fields of machinery, agriculture, medicine, and education.
On January 21, 2018 a meeting of the Working Group on development of cooperation between Belarus and the Islamic Republic of Iran in the sphere of health, circulation of medicinal products and medical devices was held. Representatives of the Ministry of Health of the Republic of Belarus and its subordinate organisations participated in the meeting on behalf of Belarus and representatives of the Ministry of Health of the Islamic Republic of Iran, pharmaceutical industry, Iran Food and Drug Administration (IFDA) – on behalf of Iran.
During the meeting representatives of the Belarusian delegation visited the major manufacturing plants of medicinal products and medical devices, agreed upon manufacture and export of medicinal products, research cooperation between pharmaceutical companies; agreements on cooperation were signed between the individual Iranian manufacturers and Belfarmprom Holding Managing Company, as well as Unitechprom BSU Unitary Enterprise. In addition, the Iran FDA expressed interest in signing the Memorandum of Understanding with Centre for Examinations and Tests in Health Service UE for better understanding of the rules and processes of registration of medical products in order to facilitate distribution of information among national manufacturers, which ultimately will boost release of products to the markets of our countries.
According to the results of the negotiations performed the following documents were signed: the road map for development of cooperation for 2018-2020, Minutes of the 14th session of the IGC, as well as 8 Agreements between the business communities of two countries in the commercial and industrial sector, including 4 of them on cooperation in the sphere of medicinal products and medical devices.
Thus, the Republic of Belarus has an opportunity to broaden and deepen international cooperation, to attract foreign investments, share experience, and develop long-term and mutually beneficial relations aimed at creating quality and affordable for population products in the pharmaceutical industry and health service in general.