Brazil keen to tie up with India for HIV drugs production

Union Minister for Commerce & Industry and Textiles Anand Sharma in a bilateral meeting with his counterpart the Minister of Development, Industry and Foreign Trade, Brazil, Fernando Pimentel, in Brasilia, Brazil on June 11

BRASILIA: Brazil has expressed interest in collaboration with Indian companies for joint production of essential drugs for fighting diseases like HIV/AIDS, India’s Commerce and Industry Minister Anand Sharma said here.
“Brazil expressed keen interest in collaboration with India in joint production of essential drugs for fighting HIV Aids, malaria, etc,” Sharma, who is leading a delegation of top pharma companies for promotion of bilateral relations here, said.
During the ministerial dialogue, the two countries have agreed to set up a working group for strengthening of bilateral cooperation in the area of the pharmaceuticals and life sciences, he said.
He discussed wide range of issues related to pharma industries and the two countries also identified areas for investment opportunities.
Sharma also invited the Brazilian investment in the recently launched National Infrastructure and Manufacturing Special Economic Zone as well as in the food processing industries.
“Both sides agreed that infrastructure was one area in which a lot of opportunities existed on both sides for the companies to participate in,” he said.
Among other issues, the two countries stressed the importance of re-launching India-Brazil CEOs Forum, a decision taken in March 2012.
They also agreed that the proposed meeting of the two Co-chairs of CEOs Forum would be a positive step in taking this initiative forward.
India sought for an early meeting of the existing joint working group in hydrocarbon sector to move this area of bilateral cooperation on faster track, according to an official release.
The cooperation in the plurilateral and multilateral context was also discussed during the Ministerial Dialogue and both sides expressed satisfaction at the increased level of India’s cooperation, it said.
A Memorandum of Understanding (MoU) between the Council of Scientific and Industrial Research (CSIR), through National Physical Laboratory (NPL) and the National Institute of Metrology (INMETRO) of Brazil was also signed for scientific and technological cooperation, it added.
The purpose of the MoU was to provide a framework for the exchange of scientific and technological knowledge services and the enhancement of scientific and technical capabilities of the two sides in the areas of chemistry, physics, and engineering measurement sciences. -PTI

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