Citi Pharma partners with Indian firm

[ghazi52]

Citi Pharma partners with Indian firm​

The Newspaper's
July 3, 2024

KARACHI: Citi Pharma, a Pakistani pharmaceutical company, has partnered with an Indian company, Murli Krishna Pharma Pvt Ltd (MKPL).
Citi Pharma on Tuesday informed the shareholders in a stock filing that it has entered into an agreement with MKPL, a company incorporated and existing under the relevant laws of India.

Under the agreement, MKPL will supply Citi Pharma Ltd. with Active Pharmaceutical Ingredients (APIs) and products in the Pakistani market.
“This exclusive strategic partnership aims to establish the terms and conditions under which Murli Krishna Pharma Private Ltd will supply high-quality APIs and products exclusively to CPHL in the Pakistan market,” said the notice.

“This exclusivity ensures that Citi Pharma Limited will have the sole right to market, distribute and sell these exclusive products within Pakistan,” the company added.

 

[Bilal]

This will create more jobs in India and enable us to buy more weapons, while giving us another leash.

Lol. It will help us save dollars by sourcing from a cheaper source and enable us to buy more weapons. All while local capabilities come online and we discard this source.

Citi Pharma sets up joint venture with Chinese firm

Etaci Ltd will focus on producing remaining active pharmaceutical ingredients (APIs) that Citi Pharma doesn't make.

www.dawn.com

 

[Barcid]

Lol. It will help us save dollars by sourcing from a cheaper source and enable us to buy more weapons. All while local capabilities come online and we use and discard this source.

Citi Pharma sets up joint venture with Chinese firm

Etaci Ltd will focus on producing remaining active pharmaceutical ingredients (APIs) that Citi Pharma doesn't make.

www.dawn.com

Then why does pakistan keeps crying about trade imbalance with india?

 

[Bilal]

Then why does pakistan keeps crying about trade imbalance with india?

The trade volume is insignificant. No one is crying.

Like I said this company is already producing around 22 APIs and is going to produce 30 more with a Chinese JV.

 

[Barcid]

No one is crying except pakistan. Word India mentioned 6 times in this article: https://www.dawn.com/news/1830172

 

[Mustang125]

No one is crying except pakistan. Word India mentioned 6 times in this article: https://www.dawn.com/news/1830172

All I see is a crying Indian on a Pakistani defence forum. Irony died a thousand deaths.

 

[Musings]

This will create more jobs in India and enable us to buy more weapons, while giving us another leash.

2 parties enter an agreement for mutual benefit. Stop doing starfish jumps and thinking India has pulled off a master stroke. Get back to your pakora stand before they get burnt

 

[Bilal]

No one is crying except pakistan. Word India mentioned 6 times in this article: https://www.dawn.com/news/1830172

Lol, let me guess. You tried searching for an article about Pakistan crying about trade balance with india and didn’t find any. Lol.

 

[c14-Isotope]

She said Prime Minister Imran Khan had made it clear that "there can be no normalisation of relations with India until they reverse their illegal actions" regarding occupied Kashmir taken on Aug 5, 2019.

Speaking to Geo News, Foreign Minister Shah Mehmood Qureshi also said the cabinet had ruled that "normalising relations with India will not be possible" until it overturned the measures it took regarding occupied Kashmir's special status.

Cabinet turns down ECC decision, says 'no trade with India' until autonomy returned to IOK

Cabinet turns down ECC decision, says 'no trade with India' until autonomy returned to IOK

The move marks a shift in the government’s approach as the summary approved by ECC was earlier greenlighted by PM Imran.

www.dawn.com

 

[Barcid]

Lol, let me guess. You tried searching for an article about Pakistan crying about trade balance with india and didn’t find any. Lol.

You are right. Author is not crying here and he is definitely not a pakistani. So I stand corrected.

 

[Bilal]

You are right. Author is not crying here and he is definitely not a pakistani. So I stand corrected.

No no, the author is crying about trade imbalance with india. Lol.