Pakistan and Jordan to collaborate in Pharma sector

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Recently Pakistan and Jordan collectively emphasized on the need to further explore the immense potential to share expertise and learn from each other in a bid to produce high-quality pharmaceutical products and enhance exports.  Speaking during a visit to the pharmaceutical manufacturing units of Islamabad, the ambassador of Jordan, Almadani vowed to play a significant role in strengthening cooperation between Jordan and Pakistan, particularly in the pharmaceutical sector.  Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas khan accompanied  Almadani and examined production units of pharmaceutical companies and appreciated the use of the latest technology coupled with modern manufacturing facilities. Ambassador further revealed that “Factories in Jordan are also producing high-quality pharmaceutical products. Close cooperation between the companies of Jordan and Pakistan will be mutually beneficial as it will help both the nations to share expertise and technology besides producing world-class products for exports.” On the occasion, the ICCI president briefed the envoy about the potential of Pakistan’s pharmaceutical industry. He pointed out that Pakistan was emerging as a key player in the global pharmaceutical sector due to the excellent quality of its medicines. ICCI President said on the occasion,  “Over 750 pharmaceutical units, including multinational companies, are operating successfully in Pakistan and they are meeting around 70% of the medicine demand of the country. Many of them are exporting products all around the world”. He also highlighted that Pakistan’s pharmaceutical exports increased around 23% in the first quarter (Jul-Sept 2020) of the current fiscal year, which indicated its bright prospects.

He was of the view that by developing close cooperation in the pharmaceutical sector, Pakistan and Jordan could achieve significant benefits for their respective economies and boost exports. Hopefully, by exploring this particular sector both countries can further enhance their relations. This will also provide an opportunity for both countries to progress and develop this sector. It is also very important to emphasize the health sector amid covid 19. More research and collaboration will benefit both sides.

 

 

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