The Government of Uzbekistan will provide special opportunities for investment to pharmaceutical companies in India.
According to a source, Uzbekistan wants to develop the country as a hub for production and supply in the pharmaceutical sector. As part of this plan, the country will offer special incentives/benefits for investment to Indian pharmaceutical companies.
In this regard, Uzbekistan’s Deputy Minister of Investment, Industry, and Trade, Shakhrukh Gulamov, stated—
“Uzbekistan will take special steps with the aim of increasing domestic pharmaceutical production. There will be no complexities in policy-making, and special benefits will be provided in terms of investment. In this regard, the licensing process will be simplified, bureaucratic red tape will be eliminated, and timelines will be set for policy formulation.”