RIGA, May 11. /IA Dunyo/. Ambassador of Uzbekistan Timur Rakhmanov together with Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan Dilshod Rasulov yesterday met with member of the Board of Directors - head of sales office in Central Asia of the largest Latvian pharmaceutical company "Olainfarm" Alexander Melnis, Dunyo news agency's correspondent reported.

At the meeting, the sides discussed issues of investment and technological cooperation between Uzbekistan and Olainfarm and prospects of establishing joint production cooperation with deepening the level of localization.

Alexander Melnis positively assessed the progressive reforms in the healthcare sector in Uzbekistan under the leadership of President Shavkat Mirziyoyev, which has contributed to the development of cooperation between the companies of the two countries in recent years. It was emphasized that Riga is confidently optimistic about the prospects of expanding Olainfarm's long-term presence in Uzbekistan by increasing investment and technological cooperation.

As Alexander Melnis informed, Olainfarm is working on the realization of an investment project to establish production of a wide range of high-quality ampouled products in Uzbekistan.

Olainfarm was founded in 1972 in the Latvian town of Olaina. It is the largest pharmaceutical company in the Baltic States. The company's turnover exceeds 124 million euros. The product range includes 60 finished dosage forms, 25 active pharmaceutical substances and more than 20 intermediates. The company's products are exported to 60 countries. Since 2011, it has been supplying the World Health Organization (WHO) with anti-tuberculosis drugs.