CII will be organizing a business delegation to Ukraine and Belarus from 12 – 16 September 2011. This objective would be to explore business opportunities, meet with key government officials and business community, network with the Embassy of India officials and have some site visits. We would also invite the Indian Business Communities in both the countries to give you more practical insight.
We have been informed by the respective Indian Embassies in Ukraine and Belarus that in both the countries, there is a great desire to do work with India to identify business and investment opportunities. The India-Ukraine Joint Commission Meeting is also expected to be on the same dates, with MoS of MEA leading the delegation as the co-chair of the Indian side.
Ukraine has the 28th largest population in the world with 45.8 million people (2010 estimate) along with a high Per Capita Income of USD 6,656 and occupies 8th place in the world by the number of tourists visiting, according to the World Tourism Organisation rankings. Among the main advantages of investing in Ukraine are worth noting: 46 million consumers - one of the largest markets in Eastern Europe; High scientific and educational potential - powerful network of universities and research centres; a competitive skilled labour force, Ukraine has the 4th place in the world in number of certified professionals in the field of hi-tech; Strategic advantages of location - Ukraine is at the crossroads of trade routes East-West and North-South; Widely developed transport infrastructure - railways, ports in the Black Sea and the pan-European transport corridors.
Belarus is a landlocked country in eastern Europe, and its capital is Minsk. Within its territory are laid the shortest transport communications connecting the CIS countries with the states of West Europe. Most of Belarus's population of 9.5 million reside in the urban areas, and popular languages of business communication are Russian, English and German. Belarus’s GDP (PPP) as per 2010 estimate is $131.201 billion and the Per Capta is $13,909. Belarus is an important source for India’s requirements of potash fertilizer. It offers a promising market for India’s pharmaceutical and chemical products, automobile and knowledge-based enterprises.
The Sectors Of Focus Of This Delegation Would Be:
* IT, ITES, Telecom, Banking and Related Services * Engineering and Manufacturing Projects, Equipment and Technology * Pharmaceuticals and Healthcare * Automotive & Auto components * Food Processing & Agro-Related * Textiles & Garments * Construction & Real Estate * Chemicals & Fertilizers
While meetings will also be sought with key government officials in the relevant Ministries and with Industry and Business bodies, our aim would be to have as many B2B meetings as possible.