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Ukraine Seeks Indian Reconstruction Aid Post-War
11 Jan
Summary
- Ukraine invites Indian companies to participate in its reconstruction.
- Opportunities exist in infrastructure, energy, housing, and technology.
- Bilateral trade between Ukraine and India stands at $4 billion.
Ukraine is actively seeking India's involvement in its post-conflict rebuilding, extending a formal invitation for Indian companies to participate in the upcoming Ukraine Recovery Conference in Poland. Ambassador Oleksandr Polishchuk emphasized the substantial potential for Indian investment across critical sectors including infrastructure, energy, housing, industrial facilities, logistics, and advanced technologies.
The Ambassador highlighted the existing strong economic relationship, noting the $4 billion bilateral trade between the two nations, with established cooperation in areas such as sunflower oil and pharmaceutical products. He expressed confidence that achieving lasting peace would further solidify and deepen the economic ties, creating a stable foundation for long-term collaboration and development.
Furthermore, Ukraine sees prospects for enhanced technological cooperation in the defense sector, aligning with India's 'Make in India' initiative. The diplomat stressed that sustainable peace is paramount for unlocking the full potential of this strategic partnership, paving the way for robust economic engagement.
