Iran allots over 2.7 billion dollars to medicine imports

Azerbaijan, Baku, Oct.1/ Trend R.Zamanov

The Central Bank of Iran (CBI) has paid over 2.7 billion dollars to certain banks to import medicines, raw materials and medical equipment, head of Iran's Food and Drug Organisation said on Tuesday.

"Now companies active in the field of medicine imports will be able to register their importation requests," the IRNA News Agency quoted Rasoul Dinarvand as saying.

Gholamreza Qasemi, an official with the Central Bank of Iran, said on May 12 that Iran plans to allocate more Forex to medicine imports.

Iran will increase the allocation by 25 per cent more than the previously agreed amount, the IRNA News Agency quoted Gholamreza Qasemi as saying.

Iranian Customs Administration Deputy Director Mohammad-Reza Naderi also said in May that Iran has set up special customs for importing staple foods and medicine.

A decision has been taken to speed up the release of staple foods, perishable foods and medicine, he added, IRNA reported.

Iran's Health Ministry official Hossein Ayati also said in April that some 97 per cent of Iran's required medicine is currently produced domestically.

About 50 per cent of the necessary raw material for producing the medicine is imported, he added. Last year, some $1.7 billion was allocated to import medicine which is not produced inside the country, the official said.

In November 2012, the health ministry of Iran called on the Central Bank to earmark $2 billion for importing medicine to cope with the domestic shortage as a result of international sanctions.

Issue of restoring operation of Central Asian Unified Energy System under consideration
Issue of restoring operation of Central Asian Unified Energy System under consideration
Kyrgyzstan reports 81 new COVID-19 cases
Kyrgyzstan reports 81 new COVID-19 cases
Israel ready to deepen bilateral relations with Kyrgyzstan
Israel ready to deepen bilateral relations with Kyrgyzstan
Loading Bars
Latest
Azerbaijani FM meets with deputy chairman of Georgian parliament (PHOTO)
Azerbaijani Air Forces conduct combat-training flights (PHOTO/VIDEO)
Timeframe for iron ore exploration in Azerbaijan's Dashkasan revealed
Azerbaijani Ministry of Finance to place state short-term bonds
Georgian Kula company doubles production of dried fruits
Georgia's exports of fruits, nuts soar
Georgia reveals volume of fertilizers exported to Azerbaijan
Azerbaijani minister: Dashkesan iron ore deposit promises great prospects
Azerbaijan plans to export agricultural products to Arab countries soon
Asian Development Bank discloses amount of funds allocated to Azerbaijan
Kazakhstan continues importing more grain, legumes from Turkey
Azerbaijan's State Customs Committee to launch new services for foreign trade participants
Uzbekistan expanding geography of natural uranium exports
Number of migrant workers from Turkey in Georgia edges up
Kazakh political analyst: Azerbaijan - plays important role in Turkic-speaking world
Russia reports over 6,500 new coronavirus cases
Azerbaijan increases import of cars from Georgia
Kazakh import of steel from Turkey down amid COVID-19 global pandemic
Azerbaijani State Customs Committee presents new e-commerce project
Iran provides funding for industrial, mineral projects
Georgia sees increase in export of blueberries
Georgia reveals volume of hazelnuts exported to Azerbaijan
Fitch forecasts moderate dividends from Kazakhstan's KazMunayGas' equity affiliates
Turkmenistan’s Turkmennebit to buy electrical equipment via tender
Diesel imports increases in Georgia
Financing for Uzbek solar power plant construction approved
Azerbaijan's MFA comments on provocative activities of Pashinyan
External debt up in Uzbekistan
Turkmenistan receives Russia's test system for revealing COVID-19
Azerbaijan's Bank BTB kicks off cooperation with Universal Payment Transfer system
The 7th International womEncourage virtual meeting launched with Gold Sponsorship and Digital Partnership of Azercell
Kazakhstan's oil extracting company opens tender to buy accumulators
Cotton harvesting starts in Azerbaijan's Beylagan district
Most popular goods imported to Uzbekistan revealed
Cargo traffic via Turkish Erzurum Airport decreases
Iran to tackle tax evasion
France reports over 1,000 people in ICU due to coronavirus
Azerbaijan, Turkey, Kazakhstan - key players in Turkic-speaking alliance
Iran looks to launch new freeway from Tehran to Karaj
CNG based vehicles could reduce fuel prices in Iran
United to provide COVID-19 tests to customers on San Francisco-Hawaii flights
CSTO resources cannot be used in territorial conflicts - Kazakh expert
Kazakhstan. Spain trade down twofold amid COVID-19
Shekel loses sharply on new lockdown restrictions
Iran hotel construction surges by 70 percent over 7 years
Signs COVID cases rising in Sweden again 'worrying' says PM Lofven
Iran`s Rouhani attends inauguration of several projects via video conference
Azerbaijani minister: Issuance of AzerGold's bonds - one of crucial events in 2020 for capital market (PHOTO)
Foreign Ministry discloses details of meeting of Azerbaijani, Georgian FMs (PHOTO)
Number of Kazakh cizitens sent back from Baku port during COVID-19 revealed
Azerbaijan reveals 133 more COVID-19 recoveries
Azerbaijan expands trade relations with Turkey, Russia during quarantine
Russia increases volume of livestock exports to Turkmenistan
Contract on methanol production in Iran signed
PM: Georgia still remains green state status and safe destination for tourists
LUKOIL-Azerbaijan opens tender on repair work
Bahar Azadi gold coin price still rising in Iran
Death toll from coronavirus pandemic exceeds 25,000 in Iran
Central Bank of Azerbaijan discloses amount of foreign currency bought by local banks
Construction of new oil refinery in Iran starts
Major repairs of Dovletabat-Deryalyk gas pipeline underway in Turkmenistan
Harley books $75 million in fresh restructuring costs, discontinues India operations
President Ilham Aliyev: There is a very high-level partnership between the European Union and Azerbaijan
Baku Stock Exchange holds meeting on issuance of AzerGold's bonds (PHOTO)
Azerbaijan’s Baku International Sea Trade Port discloses total cargo turnover this year
Iran discloses its exports via Jolfa customs
Azerbaijani expert in tourism sector talks about discounts on air tickets
Iran, Malaysia hold talks on preferential trade
FM: Azerbaijan's support for Georgia's position at UN General Assembly essential for us
Mikhail Barkan: Azerbaijan - one of most tolerant countries in world
LafargeHolcim Signs Net Zero Pledge with Science-Based Targets
Turkmen Akymly-Ugur service company announces production volumes
Turkmen service company plans to expand its export geography
Geostat reveals volume of vegetables exported by Georgia to Azerbaijan
SOFAZ expects no changes in its foreign currency portfolio
Azerbaijan unveils amount of loans issued to farmers
Range of products made in Azerbaijan's Nakhchivan expanding
Uzbekistan eyes to integrate into global economic, transport and transit corridors
Azerbaijani FM meets with Georgian counterpart (PHOTO)
Construction of large grain warehouse in Iran to be completed soon
Precious metal prices in Azerbaijan drop
Georgia reduces imports of electricity from Azerbaijan
Iran-Najaf flights resume for special passengers
Armenian intelligence network exposed - SOCIAL NETWORKS - PHOTO FACTS
UAE, Israel discuss energy, infrastructure cooperation
Iran declares trade turnover with EU member states
German industry's export expectations up significantly
EAEU countries increase fruit exports to Turkmenistan
Azerbaijani oil prices show climb
Pakistani Ambassador: Azerbaijan ably steered NAM in difficult times, provided leadership for developing countries
46-year-old enters Baku Higher Oil School
Moscow-Baku flights resumed (PHOTO)
Georgia reports 259 new COVID-19 cases
Uzbekistan increases cement production
Uzbekistan leads in foreign direct investment sector
Volume of currency sold at NIMA exchange rate in Iran climbs
Overhaul of Azerbaijani ‘Rasul Rza' dry-cargo ship completed (PHOTO)
Azerbaijani Cabinet of Ministers discusses budget-related issues (PHOTO)
Georgia increases import of tea from Azerbaijan
Nobel winners to get $110,000 raise as prize money increased
All news