Pakistan agrees to buy Indian medicines

Cheaper medicines for ordinary Pakistanis.India has succeeded in creating a strong lobby of Pakistani traders that has started putting pressure on their government to grant the Most Favored Nation status to India that would provide market access to the most Indian products even before the implementation of SAFTA in 2006.

Pakistan agrees to buy Indian medicines
Islamabad | March 01, 2004 3:14:26 PM IST

http://www.webindia123.com/news/showdetails.asp?id=32667&cat=Health

Taking advantage of a recent thaw in bilateral relations, Pakistan has agreed to buy drugs and training material from Indian companies at an international biotechnology meeting.

“India has the technology needed by Pakistan. India is closer to us and very cost effective and if problems arise the solution will be easily available,” the Dawn quoted Syed Uzairul Ghani, the head of a Pakistan-based company, as saying.

“In India and Pakistan we have similar diseases, people have the same chemistry and the solutions and cures which work for Indian patients would be effective for Pakistanis too,” he added.

The deals came at the end of the three-day conference on Saturday, which focused on how Asian nations could use genetic research to improve health care and boost their economies.

Some 250 delegates from 25 countries attended the meeting, the Dawn reported.

The conference also provided an opportunity for making deals with 20 agreements signed, including three between private Indian companies and two Pakistani government agencies and one Pakistan- based firm.

Pakistani delegates agreed to buy anti-snake venom, anti- rabies vaccines and training material. An Indian company also said it would provide teachers to Pakistan’s National Commission on Biotechnology.

Ghani said Pakistani and Indian firms were also discussing the transfer of technology that would enable Islamabad to manufacture hepatitis B vaccines. (ANI)

Looks like India-Pakistan trade relations are improving. India-Pak trade -- direct and indirect -- was close to six billion dollars and with improvement in economic ties it has potential to touch 15 billion dollars in the next three years.

India To Host “Made In Pakistan” Trade Fair .The first-ever trade fair of Pakistani goods will take place in India from March 3. The show will be organised in New Delhi’s Pragati Maidan.

India is also offering Pakistan expertise on social security.

The plastics products industry in Pakistan needs raw material like granules which it plans to import from India.