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  • Ukraine is interested in attracting Indian investors to reconstruction: Yuliia Svyrydenko at Vibrant Gujarat Global Summit
    Ministry of Economy of Ukraine, posted 12 January 2024 12:08

    For the first time, Ukraine became a partner country of one of the most influential global investment forums that has been regularly held in India since 2003 – the Vibrant Gujarat Global Summit. The Summit included a Ukrainian thematic seminar “Ukraine-India: Investment opportunities for a better future”. During the seminar, Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, invited the Indian government and the business community to deepen bilateral cooperation and India’s participation in Ukraine’s reconstruction. In addition, Yuliia Svyrydenko stressed the importance of mutual investment and joint ventures in Ukraine.

    “We are starting to rebuild Ukraine now, without waiting for the end of the war, and we invite India, as our reliable partner and the voice of the Global South, to join this reconstruction. We are interested in establishing joint ventures in Ukraine, as this is primarily an opportunity to create new jobs, generate additional budget revenues and, as a result, a more sustainable economy and the ability to maintain our defence capability,” said Yuliia Svyrydenko.

    The Ukrainian delegation was led by Deputy Minister of Economy Volodymyr Kuzio. During the visit, he held a number of meetings, including with the Chief Minister of Gujarat, Bhupendrabhai Patel, the Minister of Economic Affairs and Information Technology of Estonia, Tiit Riisalo, as well as representatives of local business circles in various sectors of the economy.

    “Ukraine and India already have a long history of successful cooperation in such sectors as pharmaceuticals and metallurgy. Now we invite Indian companies to consider investing in renewable energy, transport, logistics and biofuel production. Indeed, these will be the drivers of the Ukrainian economy’s growth after the war,” said Volodymyr Kuzio, Deputy Minister of Economy of Ukraine, addressing the Indian business community.

    During the forum, a specially invited guest, Seppo Nurmi, Chargé d’Affaires of the European Union Delegation to India, delivered a speech in support of Ukraine. The EU representative referred to the devastating consequences of russia’s aggression against Ukraine and pledged the EU’s continued support, particularly in the context of post-war reconstruction.