(QHA) -

Crimean administration has agreed with the Indian investors on the construction of a pharmaceutical plant in Crimea, head of Crimea Sergey Aksyonov told a news conference, summing up the results achieved in the outgoing year.

"We have reached an agreement with the Indian side that we will jointly build a pharmaceutical plant. After a memorandum on the project was signed a delegation from India decided to visit Crimea," Aksyonov said. "We insist that we should produce medicines ourselves, rather than import them from elsewhere," he said, TASS reports.

A preliminary agreement on the construction of a pharmaceutical plant in Crimea was reached during a recent visit of a Crimean delegation to India.

"The negotiations will be continued during a visit of the Indian delegation to Crimea due soon," Aksyonov said.

Earlier, presidential envoy to Crimea Georgy Mamedov was quoted by TASS as saying "Crimea as a member of the Russian Federation has been looking for partners for the realization of investment projects on its territory, exchange of opinions and creation of a convenient business environment".