Baku, April 21, IRNA – Tehran and Baku signed four cooperation pacts at the presence of Communications and Information Technology Minister Mahmoud Vaezi and Azeri Economy minister Shahen Mustafayev in Baku on Thursday.

Iran's Darou Pakhsh Company, Azerbaijan Investment Company” OJS and Azersun Holding MMC signed a Memorandum of Understanding on producing pharmaceutical products in accordance with the international standards.

Sumgait Chemical Industrial Park MMC and Iran’s Darou Pakhsh companies signed a Memorandum of Understanding on producing pharmaceutical products in accordance with the international standards in the territory of Sumgait Chemical Industrial Park.

According to the memorandum of understanding (MoU), a total of 52 drug items will be produced in the joint production unit.

Azerbaijan Investment Company and Azevrocar MMC signed a Memorandum of Understanding on producing automobile and its relevant spare parts in Neftchala Industrial District.

By IRNA