Acting President Islamabad Chamber of Commerce and Industry (ICCI) Jamal Abdul Nasir on Friday called for establishing pharmaceutical laboratories of international standards to boost quality of exports.
"Local pharmaceutical industries should be encouraged to export its products to Central Asian States, African region and other countries of the world", said while addressing the participants of meeting on pharma industry here on Friday.
The President ICCI lauded the initiatives of the government for bringing tariff to zero percent on import of pharmaceutical machinery, which will encourage the sector.
He also emphasised to greatly focus on research and development of pharmaceutical products as Pakistan has great potential in this sector. He added that for progress in this area it is important that government should continue to provide support to the pharmaceutical industry so as the help in reducing the cost of pharmaceutical products and also to export it for earning foreign exchange.
Nasir said that it is essential to establish pharmaceutical testing labs of international standards in the country, which will facilitate the pharmaceuticals industries. He said that 50 percent subsidy given by the government on testing of pharmaceutical goods from recognised international laboratories would assist the local pharmaceutical industry in cost sharing and reducing prices.
Comments
Comments are closed.