ISLAMABAD, Feb 14 (APP):Minister for National Health Services, Regulation and Coordination Aamer Mehmmod Kiani Thursday emphasized on revitalizing the exports of pharma sector to boost the national exchequer. Chairing the first meeting of Steering Committee of Pakistan Pharmaceutical Export Promotion Bureau here, he said in line with the vision of the present government for export enhancement, every possible facility will be provided to pharma sector as it has potential and …
Kiani emphasizes on revitalizing pharma sector exports to boost national exchequer
ISLAMABAD, Feb 14 (APP):Minister for National Health Services, Regulation and Coordination Aamer Mehmmod Kiani Thursday emphasized on revitalizing the exports of pharma sector to boost the national exchequer. Chairing the first meeting of Steering Committee of Pakistan Pharmaceutical Export Promotion Bureau here, he said in line with the vision of the present government for export enhancement, every possible facility will be provided to pharma sector as it has potential and capabilities to contribute towards national exchequer.
He appreciated the facilitation provided by Drug Regulatory Authority of Pakistan (DRAP) to pharmaceutical companies for timely provision of regulatory documentation after establishing export facilitation desk.
He said the pharma sector contribution in exports can be enhanced by adopting a holistic approach. He said DRAP is already moving towards internationalization.
Secretary of the committee and DRAP CEO Dr Sheikh Akhter Hussain briefed the committee that establishment of Pakistan Pharmaceutical Export Promotion Bureau has been mandated to steering committee for development of coordination mechanism among various ministries and private sector for enhancing pharmaceutical exports.
He apprised the committee that current exports of therapeutic goods of Pakistan amounts up to 550 million US dollars whereas it has a potential to expand and increase up to two billion US dollars in coming years only if effective coordination mechanisms are established.
Pakistan Pharmaceutical Manufacturers Association (PPMA) chairman requested that pharma sector’s potential for increased exports volume cannot be denied. He requested to declare pharma as an export sector.
The meeting was attended by DRAP CEO Dr Sheikh Akhter Hussain, official nominees from Federal Board of Revenue, Trade Development Authority of Pakistan and delegates from Pakistan Pharmaceutical Manufacturers Association, Pakistan Pharmaceutical Manufacturers Association, and Pharma Bureau.
