PXL/HO/Cir-095/2022-23                                                                            Date: 18.01.2023

Hyderabad

Subject: Pharmexcil Business Delegation to CIS region (Russia, Azerbaijan & Georgia) during 12th - 22nd March 2023 (MAI assistance available).

We are pleased to inform you that Pharmexcil with the support of the Ministry of Commerce & Industry, Government of India is organizing Business Delegation to CIS region (Russia, Azerbaijan & Georgia) during the month of March 2023.

Considering the nature of the CIS region falling into the Focus area for pharmaceutical exports from India and the potential for Generics and APIs, especially with the emerging business opportunities in Russia and other markets, Pharmexcil proposes to organize a Business Delegation (physical) to Russia (Moscow), Azerbaijan (Baku), and Georgia (Tbilisi) during 12th March 2023 until 22nd March 2023.

The tentative program schedule proposed for the delegation as below: 

(The final dates are subject to confirmation from our respective missions and may change, as required)

As part of the Business Delegation, Buyer Seller Meets will be organised at each country along with meetings with the Regulatory officials and prominent trade associations. The details of the BSM schedule and other meetings will be shared soon.

Participation Details:

Participation Fee(Non-Refundable): Rs. 75,000/- per company

Participation fee includes BSM set up at all Destinations, local transfers wherever required for Government meetings, Regulatory meetings etc. The amount is refunded only if the event is cancelled due to unavoidable circumstances at the instance of our Mission/Council.

Registration:  Members are requested to submit the mandatory Registration form https://forms.gle/wJ2Mcdfo5gpT2Ytb7.

Post submission of the Registration form, you are required to pay the participation fee of INR 75,000/- in favour of “Pharmaceuticals Export Promotion Council of India” and share the payment details with accounts2@pharmexcil.com. (Bank details given below)

Timeline:Deadline for payment is 27^th January 2022. Members may please note that confirmation of your participation is based on receipt of the payment only.

Travel & Logistics:The suggested Flight itinerary, Hotel names and tariffs (in consultation with Indian Missions abroad) will be communicated in due course. Member companies are required to secure their business visas and make their reservations directly. The council will arrange required visa invitations from destination countries and issue visa recommendation letters for the participating Indian delegates.

MAI ASSISTANCE: Members whose export turnover during previous year are less than Rs.50.00 crores and are having minimum of one year (12 calendar months) membership with the council are eligible for MAI assistance subject to the other guidelines of MAI scheme. Under the scheme Director/Partner/Proprietor/Senior Managers can avail reimbursement of economy class airfare subject to a maximum of INR 75,000/- per company.

 Note:

• Participation to all three destinations is mandatory to claim MAI assistance.
• Destination can undergo changes / modifications / cancellation subject to our Embassy/Missions advice in view of unavoidable circumstances.

For any further clarifications, members may contact us at romumbai@pharmexcil.com with a copy to regulatory@pharmexcil.com, (Ph.No: 98208 89583, 022-28200593/94)

Looking forward to your participation.

Thanking you,

 With regards,

Udaya Bhaskar

Director General

Bank details : The payment may be made by NEFT/RTGS as per details below:

Beneficiary name : Pharmaceuticals Export Promotion Council of India

Bank Name          : Union Bank of India

Current A/c. No    :  510131000001693

IFSC Code            :  UBIN0805220