Harbin Pharmaceutical Group Co., Ltd. suggests establishing joint venture in Belarus

MINSK, 30 July (BelTA) – Harbin Pharmaceutical Group Co., Ltd. suggests establishing a joint venture to manufacture medicines in Belarus, Vice Chairman of the People's Government of the city of Harbin (China) Nie Yunling during the official business negotiations between representatives of business communities of Belarus and China at the Belarusian Chamber of Commerce and Industry (BCCI), BelTA learned.

“The delegation includes the General Manager of Harbin Pharmaceutical Group Co., Ltd. This company is in the top five pharmaceutical companies in China and has supplied antibiotics, raw materials to Belarus for many years. One of the main goal of his visit is to discuss the possibility of creating a joint venture to manufacture medicines in Belarus," said Nie Yunling

The Chairman of the Board of Harbin international trading company Dongfang, according to the representative of the Chinese delegation, also brought concrete proposals to Minsk. "This company intends to discuss the forms of cooperation in the field of export and import goods, to hold talks with the Belarusian companies on the establishment of a lifts assembly plant in Minsk. The Chinese company also plans to negotiate the setting up of the facility to assemble North-Neoplan buses with Minsk Automobile Plant,” Nie Yunling said.

Nie Yunling noted that the cooperation between the two countries has become even more intensive following the official visit of the President of Belarus to China. "The leaders of our countries laid the foundation of relations and also opened a new chapter for stronger interaction. The agreements regarding the Chinese-Belarusian Industrial Park take a special place among the arrangements signed during this visit. We also intend to participate in the project,” the Harbin official said.

Nie Yunling thanked the Belarusian Chamber of Commerce and Industry for the contribution to the development of economic relations between Belarus and China, including the city of Harbin. "We need to create a platform between the Harbin and Belarusian entrepreneurs so that they know about each other's needs and could be able to find common ground. Therefore we need these business forums and business matchmaking events on a regular basis and we are always ready and happy to receive Belarusian delegations,” said the Harbin Vice Mayor.

According to BCCI Deputy Chairman Vladimir Ulakhovich, delegations from China often visit the Belarusian Chamber of Commerce and Industry. The China International Trade Promotion Committee is the BCCI permanent partner. The parties signed an agreement in 2003. “In April 2013 a decision was taken during the visit of the Deputy Chairman of the committee to revise the agreement taking into consideration the changes in business cooperation, new goals and opportunities. This year we are planning to sign a new agreement which is to meet modern requirements,” he said.

According to Vladimir Ulakhovich, BCCI branches operate in every regional center and 33 industrial cities of Belarus. These BCCI oblast companies have agreements with the committees on international trade promotion in various provinces of China. Cooperation with Chinese partners is also developed through participation in exhibitions which take place in China.

“China and Belarus have common approaches. The two countries have been vigorously developing joint trade, economic and investment projects. It opens up new opportunities and great prospects, especially taking into account the role China starts playing on the world stage today as well as an advantageous geographical position of Belarus,” the BCCI Deputy Chairman said.

On the part of China, the events were attended by top managers and representatives of 15 companies. Among them was Harbin Investment Group (Harbin-Invest), Harbin international trading company Dongfang, Harbin Guangwang Electromechanical Equipment Manufacturing Co., Ltd, Harbin DongAn Automotive Engine Manufacturing Co., Ltd, and a number of other Chinese companies.

Among those registered on Belarus’ behalf were over 20 companies. They included Vitebsk Fur factory, Gomel-Raton, FEZ Mogilev, Kommunarka, Amkodor-Belvar, the Belarusian Universal Commodity Exchange, ASB Belarusbank, and others.

Representatives of the Management Holding Company Horizont presented concrete proposals at the talks with Chinese partners. “We would like to offer Heilongjiang Corporation Xinda to develop cooperation in the production of plastic parts for automobile and television industries. With DongAn Automotive Engine Manufacturing Co. we would like to discuss possible investing in the China-Belarus Industrial Park and joint manufacturing,” head of the company’s administration management Roman Gorelik said.