Belarusian pharmaceutical industry’s investment potential, promising areas for the development of mutually beneficial cooperation between Belarus and Korea in the sphere of pharmaceutics, as well as Korean businesses’ experience in entering the Belarusian medical preparations market were discussed on 26 March in a webinar jointly organized by the Korea Trade-Investment Promotion Agency (KOTRA), the Embassy of the Republic of Belarus in the Republic of Korea and the National Agency of Investment and Privatization.

The event was attended by H.E. Mr. Andrei Popkov, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Republic of Korea, H.E. Mr. Kwon Pyung-oh, President and CEO of KOTRA, Ms. Palina Toustsik, NAIP Deputy Director, Ms. Olga Zhuravleva, Deputy Director of the RUE “Center for Examinations and Tests in Health Service”, representatives of «Belpharmprom» Holding, the Korea Testing & Research Institute and Korea United Pharm., Inc. Over 40 Korean companies showed interest to the webinar.

The video from the event with presentations on conditions for doing business and investment in Belarus, opportunities of the Belarusian pharmaceutical industry, registration procedures of foreign medical preparations in our country is now available on the Belarusian Embassy's YouTube-channel.

Established in 1962, KOTRA is a non-profit organization under the Ministry of Trade, Industry and Energy of the Republic of Korea that provides trade promotion services and assistance in the field of investment and industrial technology cooperation between Korean and foreign companies. KOTRA has 129 offices in 84 countries. The Belarusian office was opened in Minsk in 2014.