or the, almost half a trillion dollars according to the world bank that will be the cost of rebuilding ukraine after one year of the russian invasion. and with every passing week, month a year, the price tag will only get bigger. so he will pay or who will invest at a conference in london today. the u. k. prime minister said rebuilding ukraine is a huge investment opportunity. think high tech, not high costs, just one of the many plans that are already in motion for a ukraine post war. that remains a country very much. at more, i break off in berlin. this is the day, the building. when bill brushing is causing your brains,

destruction and russia will eventually bear the cost of you frames reconstruction together. we are by you queen side to hold the long poles, our support on the battlefield be owned notes. the outlaw states, ukraine's incredible spirit will prevail. we are united in defiance and we will be united in recovery and also coming up in the as prime minister and the renter moody will address the us congress. this week. he's expected to push for even closer ties with america thinks in the small part to another big power. but the fact that china presents the threat that we need to collaborate on. i think that brings the 2 leaders together more than anything between the different operating styles or political bases, which our viewers watching on cbs in the united states, into all of you around the world. welcome. we begin the day planning and paying for

a ukraine that doesn't exist yet. today in london, delegates from 60 countries came together at a conference on rebuilding ukraine, the world bank and the government. and keep, say that after one year of the russian invasion, reconstruction costs will run more than $400000000000.00. now that amount already seems too low with the war now firmly, and it's the 2nd year. ukraine says that it will need a 21st century marshal plan. how much of the money will come from the european union in the us, but many western lawmakers they have promised to use frozen russian assets to foot . part of this bill. ukraine's allies agree that the reconstruction effort will be the largest year in europe since the end of the 2nd world war. and they agree that reconstruction should start before not after the war has come to and now it has been call europe's new market plan. the largest construction project on the

continent since world war 2 and a fundraising conference in london. ukraine spreads and says there's monkwood then just bricks and mortar and biased all the walls sauce. as one of the few frustrating bread and exactly as pretty a disorder. we will come from, i know more about us all the world is wanting to see if we will restore normal concerns and we use our confirmation with an m i. the coding fees on a rest to the host of the conference announced you get back in. so you create to the tune of 3000000000 phones with this. and at 1st thing that we do here, we all sending a message that our support on the field and beyond cannot be helped lost it. and that ukraine's incredible spirit will prevail. you commission president or is

it up on the land made in the be the private investors to help in the reconstruction efforts? we need the private sector to step into because it is you the private sector with your invalid viewable expertise and you'll find that for fire power that will help ukraine realize it's dreams. you are you today at this conference and we really need you. and we know we can rely on while the german foreign minister acquired for the need to link ukraine's recovery to its u x session process to make recovery. it's truly european. and deborah, the word bank estimates that the reconstruction effort will cost more than $400000000000.00. a figure that we're only rise as a walgreens on well, when they're bringing again, an associate fedex, she's an assistant professor of finance at the high school. the business at the

university of california berkeley, she's also a family member of the n g o economy. as for you create in stock, it's good to have you back here all of the day. let me ask you, um, how much money would you crane need for reconstruction if the fighting stops tomorrow or yeah. so there's several aspects here. there's a direct infrastructure damage that russians attacks have inflicted. that's in the ballpark of about a $150000000000.00. that's already quite sizable, but of course, that's not the entirety of the damage. the damage to the economy that has spelled over from the infrastructure law, says that totals closer to about $500000000000.00 to the market for the eventual reconstruction is roughly in that ballpark. um, upwards oh, $500.00 down in the program that is taking shape of that we saw it wasn't even conference today is that the marshall plan that ukraine needs. yeah, so there are several important factors in terms of the eventual reconstruction program

for ukraine. and the 1st of those is how will it be coordinated? right, and i'm kind of on one extreme that can be very centralized coordination done by the federal government. so it's kind of everything planned together. on the other end of the spectrum, it can be very decentralized. and these do some of that. some pledges for individual cities in western europe to individual of citizen ukraine. and i think either kind of end of the spectrum to potentially to efficiency and the optimal life somewhere in between. i think it's important for individual communities in ukraine to have their needs heard to own a lot of the reconstruction process. but for there to also be some coordination so that we don't have redundancies and we don't have an efficiencies. so that brings us to the 2nd question, which is, what is the right approach for that coordination? and here i think the best approach is a tax in a crowded, separate body that will have less political incentives and

a long time for verizon on to kind of overseas coordinate this effort. and from that perspective, the partial plan that was done for western europe after world war 2 was a pretty good model. and then finally, coming back to the question of ownership of the reconstruction process. as i pointed out, it's important to have the local communities own that as much as possible, but there's also a benefit to having a lot of to be in sync with the european union. so he, us session for ukraine and reconstruction can readily go hand in hand. yeah, i don't know if if it is the finance professor i heard speaking there or maybe the the, the, the auditor, the tax auditor speaking there when, when you were talking about tech decrypts, controlling or overseeing this marshall plan? are you worried about corruption in ukraine with that shinji amount of money forwarding into the country or um, so to be honest and my experience of working with an um that and and g o that has

been um, coordinating a lot of things that ukraine is not at this point um in ukraine, the sensitivity to corruption is almost um, more detail attaining than corruption itself. people are very hyper sensitive. um and things sometimes can install or not get done because everybody wants to make absolutely sure that everything is kind of correct to the letter. um, so i think at this point the crating is i'm really trying super hard and maybe even a little bit of to here craddick in that regard. so i, i would honestly say that corruption is not my main worry, but i think that of having an institutional alignment between ukraine and the you framework. i think that would be very beneficial. the original marshall plan, it took shape after world war 2. how important is that this program before you create that it gets up and running, even as the fighting continues to be there, the end of the board is nowhere in sight. yeah,

i think it is important to do it at a timely fashion for several reasons. first of all, that kind of 2 parts to ukraine's we building one is the immediate needs and one is kind of more long term re imagining and kind of reconstructing the immediate needs . i mean, ukrainians have been rebuilding from february 24th 2020 to the ross has been destroyed. civilian infrastructure, energy substations, schools, hospitals, all of those things have been rebuilt because it continues to be being rebuilt for a year and a half. so that of course is very urgent for people to continue their lives with the economy to continue going. and so that as a support, god, i'm kind of ukraine has been rosa receiving um from the west on a month to month basis. so that of course is urgent now kind of turning to more long term recovery for ukraine. as you pointed out, the marshall plan took several years after the work really takes shape. and so there's definitely scope for us to be planning,

implementing and starting. now i'm ready ukrainians on the front lines are the fighting their battles to land their lives. and then what once they, when their battles on the lease that economists and investors can do is be prepared to start the process of recovery and straight away. and there's a lot that we can do already now in terms of fiscal policy planning, in terms of, um, kind of institutional frameworks um, in terms of figuring out the financing. i so it's not too early by any means. and then finally, i'm that we'd like to kind of point out with reference goal and this, where has been, it has been to subjugate you create and when that doesn't work out to destroy. so we seen that on this month with the top of the guy. yeah, i, so i think kind of signally strongly that we are all prepared to do what it takes to really recover. and we bill, i think that will be a very powerful signal to russian that it strategy is not working out. the boys of

reason and responsibility tonight, an associate ascetic of the high school business associates always. we appreciate your time and your insights. thank thinking well, it is a huge task. and the final cost is, of course not. you know, not least because the country is still, as we said at war and russian forces, they continue to bomb ukraine's towns and cities almost daily are responded. sonya, following the car was outside the team to get a picture of rebuilding efforts. she sent us this report out with the old and in with the new most of the year to go fighting it up to tier meal, keep leaving the tanya door. shank was home damaged. virginia below. usually we don't have a ceiling. it was blown up. it was leaking everywhere, sticklers equal, or natalia can't afford to pay her home. she says she hasn't received any

government have and relies entirely and volunteers were filling the gap. this group focuses on rebuilding destroyed, houses like natalia's across the place, despite the huge scale of the task. and then boss who's the, in the don't boss. and in this upper region region that are in town, that towns and villages that are being raised above the ground. working keith is just the drum and the national them. but we need to do this. people need to live to hide. and so to have a full of psychological support, a suite that this award, this of natalia is lucky. her neighbors homes on either side. didn't somebody? most houses here in the village ultima showed us didn't scott? just a few kilometers. we the town, if it'd be the scene of some of the most infamous clashes in the early weeks of the conflict, a show at the top floor as

a go on. the building is on the demolishing list. but the remaining residents refused to leave on the bell on takes us to show the damage caused by a direct artillery strike. the who didn't come in, does one flat to the other. the high feo has swallowed everything. fortunately, no one died. what remains a bad a chandelier or it's ruth 3 insists the got to departments can be re but that she knew a lot much which is why should this building be pulled down? it's almost 70 percent occupied. most people have come back. we have furniture and flats north impacted. well, the utilities of working, all of us will have to be moved somewhere and nobody knows where we all have different ages. it's a challenge. local authorities also maybe a with beans deputy meal says nearly 70 percent of the city was damaged last year.

he says the trying to move back, but they need more funds. so he mozilla, we need to tackle this on our right and is impossible, is that we, we need to rebuild now, less than me. so we want to bring back life to our city. and the question we don't, montague, children, our residents to see ruins which remind them of the horrors of last year was a cleaning for game. and a little bit of rebuilding in the was own isn't easy was much of the do you see what's happening? exclusions russian besides proposed by ukraine's it defenses usually read this, i will not survive isn't going to design comp bad. that who did the cool though? ukraine's efforts to rebuild could be wiped out in an instant by a misled strike. the country is determined not to give up. the

indian's prime minister and the ranger moody is in the united states on his 1st official state visit, which includes a meeting with us, president biden, and a state dinner. it will also include body addressing a joint session to the us congress on thursday. now that's an invitation that's considered a privilege and it's reserve, usually for america's closest friends and allies. but many us lawmakers will be waiting bodies words very carefully asking themselves is mode is india proud of its neutrality? and ally that the us can really count on one leads the most powerful democracy in the world, going to the other leads the largest, while the red drum moody, and joe biden don't agree on everything. like russia's more in ukraine, they do have a common problem. india is actually the only country that's actually had military confrontations with china in recent decades. in 2020 more than a 1000 indian soldiers were killed in clashes with chinese forces at the disputed

border. adult list. expect the white house to lock in the i don't, as a regional counter wait to china to the fact that china presents a threat that we need to collaborate on. i think that brings the 2 leaders together more than anything between the different operating styles or political bases. while the to have met many times, moody is just the started lead to be given. the red carpet treatment by biden. and the hospitality is true to be followed up with deals. and this is a case where i think you really are going to see the, the substance that deliverables, reflect and match all of the pomp and circumstance and symbolism of a quarter to a state visit. you know, you're going to see, you know, dozens of agreements in areas ranging from defense to space. i t higher education. free speech activists, however, say moody has over seen

a box slighting of democracy in india and the one biden to call the time. but what it wants to say is that i need the use of collaborations on tray says social security should not quite line the discussions of direct some precedent. it should be part of the accommodations is the observer. see, any constructive criticism will be delivered privately. there is no getting away from it, it will be discussed, but as the americans before did, would they prefer to do it behind doors with countries to have a strong box to ship with last time moody went to the us who received a rock star reception. trump was host then, but this time it will be by didn't. who will hate that the all ticks in the to the indian american community with the right and 4000000 of them. the could prove vitamin elections next year is running me here at the big table

now is shumate gung, really, professor of political science at indiana university in bloomington, indiana professor. it's good to have you right here on the date that he was pulling out all the stops for mr. moody. why is it? why is this visit? why is it so important to america? i think the visit is vitally important for the buying administration. and for america, because they see mr. moody and india as a full time stroll, strategic bottle work against an expansionist and aggressive china in the asia and beyond. as moody, i know he's been praised at home for insisting on neutrality when it comes to russia's invasion of ukraine. i mean, we know washington does not like this at all. i'm wondering, will mister moody, will he tell the us congress tomorrow that cheap oil from russia may not have been

worth it after all? no, i sincerely doubt that team of fest. how do that before the congress instead he will talk about shared values. he's talking about democracy is talk about a sort of a growing relationship with the united states and how the us in india are bound together on a variety of issues and the like. he's going to simply gloss over this rather contentious matter. are you expecting anything from his speech to the us congress, to make headlines? is he going to change anything? i don't really doubt that snotty in his character, and knowing be his principal advisors. i doubt that he will make any such a dramatic shift while while addressing the us congress, you altered an article in

a forward affair, has just published this week entitled, the folly of india's neutrality. in it, you write us officials, they seem to be waking up to the promises and the limits of a strong relationship with india. it is unclear where the same can be said for indian leaders. what new delhi urgently needs to realize is that there is a narrow window to secure american support or that there's a couple of things to impact their explain, why is india not this cheerleader for ties with the us that you see? maybe you should be. and 2nd, this narrow window, how long does india have to act before it's too late? to let the onset of questions and i see quite truly the principal reason that the indians are hesitant about forthrightly throwing in their lot with the united states has to do with the legacies of the cold war. the shadows of the cold war,

steam noon, very large over new delhi, largely because of the american relationship with pockets on which it goes back as early as 19 a 54. mm hm. and consequently, the, the indian still have doubts about the reliability of the united states. even though we are no vastly different breed route, then we would during the cold war and why, and why do i think that there's a limited window for the principal reason that the us patients will not be in finished. the u. s. has been remarkably patient with india to step up to the plate and has made major concessions to india, going back to the us, india civilian nuclear agreement of 2008,

which enabled india to join normal nuclear commerce without exceeding to the new k and nonproliferation treaty, the bush administration expanded considerable political capitals to make that happen. that was 2008. we are in 2023. it's the line for india to come to the realization that america will simply turn to other countries and return to other countries. and of course, we'll be turning everything it can to contain china, or is that not present? among the leads in delhi that china is, is the enemy, if you will. oh, it's completely clear a to the, to the significant segment of the indian italy. however, all at the same time, they are show back truth 5 by china. been practically frozen in place.

they fear that in explicit up strategic boston, the shape and a robust, a viable strategic partnership which is out in the open will actually provoke the chinese firm. and they are on show that faced with that uh, provocation. how the chinese will react. and more importantly, with the us then prompt to come to india assistance. well, who do they have been deterred to russia is, is certainly not an ally. russia is now in the pocket of she's in pain. the european union is an allied, but it does not have the power to offer a security shield the way the united states. i mean, the us really is the only game in town, isn't it? for india, that is precisely my argument of which i have made in the foreign affairs article and elsewhere that us is the only game in town. and all this talk about

american decline. well, you know, there's a sense of visual about it. i've heard this before, and us is going to remain the dominant pod on in the globe for the foreseeable future. and if any one has the strategic reach to protect india, it's the united states, the, i know that the blended ministration is disappointed with. indeed, because it has, it didn't vote for example, of the un security council resolutions against the invasion of ukraine. and i mean, in the general assembly of resolution, they wanted to see the solidarity. they didn't get it from india. if india follows the path that you're advocating, can you foresee one day india standing with the united states? if china invades taiwan? so this is a particularly interesting convex question,

and this will be the acid test for the indians in an acid diplomatic test. that when the one of the u. s. is most of vital interest is at risk scan, india, then at least offer diplomatic support. ha. and if it fails to do so, i'm afraid that india is going to lose a enormous constituency in the united states, particularly in the us congress. professor shumate guns. really, we appreciate you taking the time to come in and talk with us. we are glad that you were in berlin and that this article was published at the same time. we definitely benefit from this good coincidence. thank you. thank you very much for the day is almost done the conversation. it continues on line. you can follow us on twitter or you can follow me on twitter at brink dot tv. i remember whenever happens between now and then, tomorrow is another day we'll see you then everybody, the

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