The Jordanian Ambassador believes that both countries can learn from each other’s experiences and benefit in increasing their exports
Ambassador of the Hashemite Kingdom of Jordan Ibrahim Almadani vowed to help strengthen relations between Pakistan and Jordan in the Pharmaceutical sector. The ambassador believes that the sector has great potential in both countries and the two sides can learn a great deal from each other’s experience to improve the quality of products and increase their exports.
He expressed these views during a visit to various local pharmaceutical industries including Global Pharma, AMSON Pharma, Paramount Pharmaceuticals, and Focus & Rulz Pharmaceuticals at Kahuta Industrial Triangle, Humak, Islamabad. He was accompanied by a number of industry veterans including President Islamabad Chamber of Commerce & Industry Sardar Yasir Ilyas Khan, Shamim Ahmed Khan of AMSON Pharmaceuticals, Nasir Qureshi of Paramount Pharmaceuticals, Fazl e Hanan of Focus & Rulz, ICCI Executive Members Usman Khalid, Umar Hussain, Omais Khattak among other esteemed guests at the occasion.
Almadani took a round of the production units of pharmaceutical companies and appreciated the use of modern technologies and up-to-date manufacturing facilities. He said that the pharmaceutical factories in Jordan were also producing quality products and close cooperation between the pharma companies of Jordan and Pakistan would be mutually beneficial for them. He believed that both sides can share technology and expertise to boost their presence on the world stage.
Sardar Yasir Ilyas Khan briefed the Jordanian envoy about the potential of Pakistan’s pharmaceutical industry. He said that Pakistan was now emerging as a key player in the global pharmaceutical industry due to the excellent quality of its medicines. He said that over 750 pharmaceutical units including MNCs were doing successful business in Pakistan and were meeting around 70% of the country’s medicines requirement. Khan also said that many of the local pharmas are exporting products around the world with a 23% increase during the first quarter of FY 2020-21. Khan felt that both countries’ economies can benefit from cooperation.
A presentation about the production facilities was also given to the Ambassador. The industry representatives expressed their desire to increase their exports to other countries in the region including Jordan. They also called upon the government to streamline issues that hold back exports in the pharmaceutical sector.