Business news from Ukraine

Ukraine Requests Additional Humanitarian Aid from India

Ukraine’s First Deputy Foreign Minister Emine Japarova will visit New Delhi next week to discuss, among other things, providing additional humanitarian aid, The Hindu reported, citing diplomatic sources.

“Ukraine has requested additional humanitarian aid from India, including pharmaceuticals, medical equipment and energy equipment to repair energy infrastructure damaged during the war, and both sides are expected to discuss providing such support,” the report said.

Japarova is also expected to extend an invitation to Indian Prime Minister Narendra Modi to visit Kiev.

Diplomatic sources said final arrangements are still being discussed, but confirmed that Emine Japarova, the first deputy foreign minister, is expected to arrive in Delhi on Monday and hold an interagency dialogue and meet with media and think tanks in the capital to enlist Ukraine’s support in India,” the report noted.

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Ukrainian president nominated as ambassadors to China, India and Brazil

Foreign Minister Dmytro Kuleba said on Monday that he has submitted to Ukrainian President Volodymyr Zelensky nominations for Ukraine’s ambassadors to China, India and Brazil.
Kuleba said on Facebook that the Foreign Ministry has created an open search for Ukraine’s ambassadors, and the vacancy is currently open for 21 countries except China, India and Brazil.
“As a final note: you may note that China, India and Brazil are not among the list of countries. And you would be right. This is because I have already submitted to the President of Ukraine candidates for ambassadors to these countries. You will know their names after the publication of the corresponding decrees. I will only say that we plan to send to such special countries specialists in state work experience at the level of ministers and deputy ministers”, – Kuleba wrote.

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Foreign tourist flow to India after coronavirus pandemic has quadrupled

6.9 million foreign tourists will visit India in 2022, four times more than in the last two years of the coronavirus pandemic, the Hindustan Times reported.

“Gangapuram Union Minister of Tourism and Culture Kishan Reddy said nearly 6.9 million foreign tourists visited India in 2022. After two years of decline due to the coronavirus pandemic, arrivals quadrupled. According to him, the increase in tourist arrivals means the industry is moving in the right direction to achieve sustainable tourism,” Reddy said.

Reddy said the Ministry of Tourism will emphasize inbound tourism this year and launch the “Visit India 2023” promotion. “We have 40 UNESCO heritage sites and we celebrate more than 1,000 festivals every year,” he specified.

He also noted that the country has built an extensive tourism infrastructure over the past eight years, and now the authorities want to rethink the approach to tourism in India.
“To ensure digitalization of the tourism sector, a ‘National Tourism Mission’ is being developed. In the first phase, the ministry has created a national integrated database of the hospitality industry, which should make it easier for businesses to operate,” the newspaper wrote.

Indian authorities also plan to develop adventure tourism, eco-tourism and other areas.

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India surpasses China in population for first time

India has probably already surpassed China in terms of population, and experts expect the growth to continue at least until 2050.
According to the independent World Population Review (WPR), India’s population was 1.417 billion at the end of 2022. Another analytical platform, Macrotrends, estimates India’s population at 1.428 billion.
China’s population declined last year for the first time in more than 60 years – by 850,000 to 1.412 billion people, according to data released Tuesday by China’s State Statistics Office.
India, where half the population is under the age of 30, is expected to be the fastest-growing economy in years to come. To take advantage of rising demographics, the country’s government needs to create millions of jobs, Bloomberg notes.
“What’s needed now is a massive economic support program that would create jobs in a variety of sectors,” said Nomura Holdings Inc. economist Sonal Varma. – And we’re already seeing the foundations for that being laid.”
WPR expects India’s population to continue to grow at least through 2050.
According to the UN, more than half of global population growth between 2022 and 2050 will come from just eight countries: India, Congo, Egypt, Ethiopia, Nigeria, Pakistan, the Philippines and Tanzania.

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SUGAR bulk carrier shipped 37.5 thousand tons of vegetable oil to India

Ports of “Big Odessa” on Wednesday shipped 149.3 thousand tons of agricultural products in the framework of the “Grain Initiative”.
“Today four ships left the ports of Big Odessa, which will deliver 149.3 thousand tons of agricultural products to the countries of Asia and Europe. In particular, the bulk carrier SUGAR with Ukrainian vegetable oil for India”, – noted in the message of the Ministry of Infrastructure of Ukraine.
In the ports involved in the “Grain Initiative” there are 20 vessels under handling. They load 613.2 thousand tons of Ukrainian agricultural products.
In addition, three more vessels are moving along the “Grain Corridor” for the loading of 162.4 thousand tons of agricultural products.
Since August 1, 529 ships left the ports of “Big Odessa”, which exported 13.2 million tons of Ukrainian food products to Asia, Europe and Africa.

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Ships to bring Ukrainian corn to India, Turkey, Spain

Three bulkers loaded with wheat, corn and sunflower oil departed from Ukrainian ports on Tuesday, the Joint Coordination Centre (JCC) said.
“The Joint Coordination Centre (JCC) reports that three vessels left Ukrainian ports today [December 6] carrying a total of 91,050 metric tonnes of grain and other food products under the Black Sea Grain Initiative,” the JCC said.
MV Sugar will deliver 37,500 tonnes of sunflower oil to India, MV Alexandros III will transport 31,050 tonnes of corn to Spain, and MV Moayad Y loaded with 22,500 tonnes of wheat is destined for Turkey.
Six ships transited the maritime humanitarian corridor on December 6 on their way to Ukrainian ports.
“As of 6 December, the total tonnage of grain and other foodstuffs exported from the three Ukrainian ports is 13,136,453 metric tonnes. A total of 1,057 voyages (529 inbound and 528 outbound) have been enabled so far,” the JCC said.

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