All news

Crimea negotiates construction of pharmaceutical plant with Indian investors

The Crimean administration insists that they should produce medicines themselves, rather than import them from elsewhere, Head of the Crimean administration Sergey Aksyonov told a news conference

SIMFEROPOL, December 23. /TASS/. The Crimean administration has been conducting negotiations with the Indian investors on the construction of a pharmaceutical plant in Crimea, Head of the Crimean administration Sergey Aksyonov told a news conference on Tuesday which summed up the results achieved in the outgoing year.

"We have reached an agreement with the Indian side that we will jointly build a pharmaceutical plant. After a memorandum on the project was signed a delegation from India decided to visit Crimea," Aksyonov said. "We insist that we should produce medicines ourselves, rather than import them from elsewhere," he said.

A preliminary agreement on the construction of a pharmaceutical plant in Crimea was reached during a recent visit of a Crimean delegation to India. "The negotiations will be continued during a visit of the Indian delegation to Crimea due soon," Aksyonov said.

"A Memorandum of understanding with the organization of Indian-Crimean Partnership was signed during a recent visit by the head of the Crimean administration to India; during the visit an agreement was reached that a group of Indian businessmen and journalists would visit Crimea in the near future," Russia's presidential envoy to Crimea Georgy Mamedov told TASS earlier. "Crimea as a member of the Russian Federation has been looking for partners for the realization of investment projects on its territory, exchange of opinions and creation of a convenient business environment," the presidential envoy said then.