The first ‘SCO B2B Conference and Expo on Traditional Medicine’ was held at Guwahati, Assam. The SCO initiative was inaugurated by the Union Minister of Ayush Shri Sarbananda Sonowal on 2nd March, 2023.
Key points
- More than 150 delegates from 17 countries attended the two-day conference and four-day Expo. An incremental trade interest of over ₹590 crores was generated during the two days of intense meetings among the buyers and sellers at the conference.
- Under the aegis of the Ministry of Ayush, Invest India conducted B2B meetings in a dedicated B2B lounge at the event with the support of Ayushexcil (Ayush Export Promotion Council).
- The B2B conference witnessed detailed presentations and deliberations from SCO and partner Countries on ‘Regulatory Framework for Traditional Medicine’ Products and practices, including Pharmacopoeia, Quality assurance and Research. Pharmacopoeia is a book describing drugs, chemicals, and medicinal preparations
About Shanghai Cooperation Organization
- The Shanghai Cooperation Organization (SCO), or Shanghai Pact, is an Eurasian political, economic, and security alliance of eight member multilateral organisation, established on 15th June 2001 in Shanghai, China.
- SCO includes 08 member states, 03 observers and 14 dialogue partner countries.
- India was granted Observer status at the July 2005 Astana Summit and the status of full member on 9th June, 2017 at the SCO Summit in Astana, Kazakhstan.
