BAKU, Azerbaijan, September 13

BAKU, Azerbaijan, September 13

The celebration of signing the first arrangement amid Azerbaijan’s Alat Free Economic Zone (AFEZ) Authority and the Israeli BioPharmax aggregation has taken place in Baku, Trend reports.
The certificate was once active by the Board Chairman of AFEZ Authority Valeh Alasgarov and CEO of BioPharmax Sarel Chen-Tov and the CO-CEO of BioPharmax AFEZCO Yossi Tzabari and Ramal Shalmiev.
In accordance with the document, BioPharmax will accessible a representative appointment of its aggregation in Azerbaijan – BioPharmax AFEZCO.
As Alasgarov said, an across of three hectares will be allocated for the Israeli company.
“The aggregation intends to use avant-garde apparatus in the production of medical products, and the goods will be primarily exported,” he noted.
Alasgarov also acclaimed which alternating with allowances and incentives, a special acknowledged framework and appropriate avant-garde basement have been created for entrepreneurs and investors.
“I’m abiding which accustomed all these advantages, the aggregation will manufacture about 50 types of medical products.
Also, today’s event will become an allurement to allure added Israeli organizations to the Alat FEZ,” he said.
Another appealing affection of Azerbaijan for both entrepreneurs and investors is which Azerbaijan carefully adheres to the fulfillment of its obligations to third parties.