KOTRA Launches Emergency Medical and Health Support Project for COVID-19 Response in India

[Asia Economy Reporter Kim Heung-soon] KOTRA announced on the 10th that it will carry out an emergency medical and health support project through corporate social responsibility (CSR) and ESG (environment, social, and governance) to help India respond to COVID-19.

This project supports transportation costs, etc., when Korean companies donate medical and health products to the Indian government, institutions, and companies.

Specifically, it supports overall relief activities such as ▲ transportation costs up to 5 million KRW for general medical supplies (masks, diagnostic kits, etc.) ▲ transportation costs up to 10 million KRW for medical devices and equipment (oxygen generators, etc.) ▲ identifying donation beneficiaries ▲ resolving difficulties in customs clearance of donated goods.

As of the 4th, the cumulative number of confirmed COVID-19 cases in India has exceeded 20 million. There is a severe shortage of quarantine and health supplies and medical facilities for treating confirmed patients. In response, the Indian government recently announced various measures, including a tariff exemption notice for 18 COVID-19-related items such as oxygen generators and oxygen cylinders, appealing for humanitarian aid worldwide.

Kwon Pyung-oh, President of KOTRA, said, "India, where over 700 of our companies have entered, is our key economic cooperation partner," and added, "We hope our companies actively participate in this support project for India, where the COVID-19 situation is worsening recently."

This content was produced with the assistance of AI translation services.