Health and Family Welfare Minister Khandakar Mosharraf Hossain yesterday proposed to his Pakistan counterpart for setting up a joint venture Active Pharmaceutical Ingredient (API) plant in Bangladesh.
He made the proposal at a meeting with Pakistan Health Minister Naser Khan at the latter's office here.
Mosharraf referred to the national medicine policy of Bangladesh and said the two countries could set up joint venture pharmaceutical plants under the policy.
He also informed his Pakistani counterpart of Bangladesh's progress in the healthcare services and said both the countries have made massive progress in production of medicine over the last few years.
Bangladesh and Pakistan have a good few scopes to boost cooperation in the healthcare sector to improve pharmaceutical production and prevent contagious diseases, he added.
The Pakistani health minister stressed the need for enhancing exchange of information and technology for development of pharmaceutical and health sectors of the two countries.