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World Business Report: First broadcast 21/06/2023 14:32 GMT : World leaders plan for rebuilding Ukraine

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World leaders plan for rebuilding Ukraine

First broadcast 21/06/2023 14:32 GMT 

First broadcast 21/06/2023 14:32 GMT : World leaders plan for rebuilding Ukraine

BBC World Service - World Business Report, World leaders plan for rebuilding Ukraine

World leaders discuss ways of repairing the damage caused by the Russian invasion

World leaders are discussing ways of repairing the damage caused by the Russian invasion. The cost is estimated at over four- hundred- billion dollars...and rising.

Political and business leaders from across the world are discussing ways of repairing the damage caused by the Russian invasion of Ukraine. The Ukrainian President Volodymyr Zelenskiy spoke to the meeting in London by video-link. He said a reconstruction programme could be “the largest source of economic, industrial and technological growth in Europe for decades and decades”.  The UN and World Bank has estimated the cost of rebuilding to be over four- hundred- billion dollars.

India's Prime Minister Narendra Modi has met Tesla boss Elon Musk during a three-day visit to the US.  Mr Musk says he wants his electric cars to be available in India 'as soon as possible'. Tesla has been considering setting up a factory to produce cars and a base to produce batteries. The Indian Government is inviting Tesla to explore investing there, while Mr Musk now says he is 'trying to figure out the right timing'. We examine how developed the electric vehicle infrastructure is in India.

And we report on how businesses in Lebanon are increasingly demanding to be paid in dollars. The economy has crashed in recent years which has sent the Lebanese pound - or lira as it’s known in Arabic - into freefall.

(Picture: Aerial view shows destruction in the frontline city of Bakhmut)

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First broadcast 21/06/2023 14:32 GMT : World leaders plan for rebuilding Ukraine

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