 Hello from the World Economic Forum in Geneva, Switzerland. I'm Adrian Monk and welcome to Agenda Dialogues. We'll be hearing from leaders from across the world on how to build a just and equitable society post COVID. And as many of us think about our holiday plans, we'll be looking too at how to rebuild travel and tourism. Our guests today, Nobel Laureate and former President of Liberia, Ellen Johnson Sirleaf. From India, Smriti Irani, currently serving in PM Modi's cabinet as Minister of Women and Child Development. Ebru Adzdemir, Chair's Turkey's Lemak Holding. Peter Kern is CEO of online travel company Expedia. From Kuwait, we have Hassan Al-Huri, CEO of National Aviation Services and also from India, Ajay Singh, Chairman of SpiceJet. Now I'll hand over to our Chair of our discussion, President of the World Economic Forum, Berger Brenda. Good afternoon from Geneva. Thank you for joining us. We have an extremely strong panel today, as you just heard from my colleague, Adrian Monk. And we're really discussing the fallouts of this pandemic and how to make sure that the recovery is inclusive. This is a big challenge because we know that there's still a lot of people in the world that are not vaccinated and we know that there are new strains and variants out there. So we can only be safe when everyone is safe. We also know that the recovery is on its way, but the US$15 trillion that are used in stimulus, only 1% of them have been used in developing countries. Let me start with the largest democracy in the world and second most populous country in the world, India. India did well at the beginning of this pandemic, but has had no also challenges lately. I think there is no light in the end of the tunnel, but of course we know that also the Cabinet and Prime Minister Modi is of course concerned about what it will mean when it comes to inequalities and also opportunities for the poorer part of the population. And we're so happy that Minister Irani, that you were able to join us. Thank you for your leadership and also maybe you can share with us no face with the challenges. How will you make sure that the recovery will be inclusive and how do you see the situation in India today? Over to you. Good evening, Bogey from the National Capital of India, Delhi. You spoke in your opening remarks about the light at the end of the tunnel. Talking of lights, as of this moment as we speak, India today has administered vaccines close to 297 million doses, which tells you that rapidly we are reaching out every eligible Indian over the age of 18, a vaccine provided free by the government of India so that we have our entire population protected. This pandemic has been a challenge for democracies across the world. We in India, when we talk about inequality, leverage technology right from the beginning of the office Prime Minister Modi in 2014, recognizing that a democracy as large as ours, a democracy as diverse as ours will need the support from technology to ensure that those gaps are bridged. And that is why when the pandemic hit my country, we saw that over 200 million women who had access to a bank account the first time in their lives had a transfer of over 300 billion rupees as economic empowerment transfer for women, especially in India due to the pandemic. We had 80 million women who received clean cooking fuel from the government because the government recognized that this support needs to continue specially in the times where there was lockdown in the country. We had an announcement much before the pandemic hit the world called Ayushman Bharat Yojna, which Mr Singh is on board today in this dialogue recognizes that over 100 million families now are medically protected and covered for over 2000 illnesses across all government hospitals in our country. Today as we speak, every district in our country has a dedicated COVID hospital. We as we speak today, I can also probably say today in the cabinet, the Prime Minister announced yet again free ration for over 800 million Indians. And I must here add that sustained campaign of ensuring free food for 800 million Indians for 15 months we allocated over 2 trillion rupees so that nobody in India sleeps on an empty stomach. But the challenges as you say continue because the virus mutates. The challenge is to build back better and build back equally. And that is why the government when the first wave came announced an economic package which is valued at around 10% of our GDP. You also in your opening remarks spoke about women and child development and I'm happy to share with you that when it comes to food security apart from the government announcement of food support to every Indian, we also had those that delivery of food and medicines to the house of every pregnant lactating mother in our country and every child in our country. Recognizing that not only economically, not only medically, but also socially we need to ensure that families stay together, women and children stay protected. We've had our helpline, police services and one stop prices service centers working 24 seven. In a democracy as large as ours given the impact of the pandemic, we recognize that they were Indians who are working across the world. You will speak of traveling tourism today on this panel. I will hear highlight and again Mr Singh has born witness to the fact that India got back 9.2 million of our citizens from across the world so that they could come back to their loved ones when the world was locking down. So the challenges yes globally are a tendency but we in India under the leadership of Prime Minister Modi are ensuring that every need of the citizen is met. Every challenge is met with solutions and one of the solutions that we had which was launched immediately after the pandemic hit my country was a digital application which helped in tracing of the virus across our country. The ROGC2 app as it's popularly known today also allows for vaccine registrations. So we've had digital solutions given in this pandemic to citizens across various verticals of challenges that have been faced but we are committed to building back better and building back equally. No thank you so much for that overview and I think we also were expecting quite substantial growth in India this year. We were expecting two digit growth and would be the fastest growing economy of the larger economies in the world. I think maybe you're revising the numbers now but how do you see the outlook for the rest of the year now when you are so in a major way stepping up the vaccination? I part from the Ministry of Women and Child Development have had the privilege of serving Minister of Textiles in my country and how innovative can Indians get when it comes to their own manufacturing potential. I saw it firsthand when we in India who had never had one manufacturing unit of PPE suits managed to turn around and start 1100 companies gave employment to over 500,000 people 70% of them women during the lockdown and in three months we became the second largest exporter of PPE suits across the world and second largest exporters of N95 masks across the world. Now this happened because the industry and government partnered in reorienting manufacturing capacities we had Indians stepping up irrespective of the challenges to say tell us how can we help addressing is on on the panel this evening he's had to turn around his flights as rescue operation flights so every Indian has stepped up and that is why when you talk about financially how do we look at resurrecting from the pandemic I must add that when the government talks about food security recognizing the challenges of lockdowns globally not only domestically we have ensured that we give birth to new industry verticals manufacturing verticals apart from PPE India's also now poised to become the pharmacy of the world we have supported over 95 countries by supply of vaccine you know of over 100 countries that receive support in hydroxychloroquine from India and that is our commitment that we grow strong we grow back better not only for India but for the rest of the world as well. No thank you so much minister I think Ajahn I would like to then move over to you I think we're still waiting for a president Sirleaf Johnson to join us so we'll come back to the president but we have a great group here to follow up on what the minister just said and several of them have also pivoted during the crisis their business model we certainly do burger and while we're trying to get a connection into Monrovia in Liberia it's a great opportunity to bring in our other panelists and I want to start with Ebru Ozdemir because Ebru your company Lemak Holdings you know you work across an incredible array of different sectors but you know you've been involved in building hospitals you've been involved in building airports how has Lemak Holdings been affected by the crisis what's been your just give us a sense of a conglomerate like yours what's been the impact of COVID on your business thank you very much well I mean it was a crazy one and a half years because we're active in 15 different countries with more than 50 000 employees so basically we tried to cope with the uninterrupted work unfortunately some of the airports were closed however it's coming back now and the hotels were closed but we reopened them and we had some issues in the supply chains because we have to send a lot of equipment to all these different countries but we survived and now the vaccinations are really moving forward we are really more optimistic about the future and where specifically do you see the most progress happening when you look at your business and the sectors you're involved in the countries you're involved in where's bouncing back fastest we see the tourism it's bouncing back very fast because what we have done is in Turkey the vaccinations were completed we have seven hotels in Turkey we have one hotel in north Macedonia and one hotel in northern Cyprus so the government has given a priority for the vaccinations and now they we're opening up by July 1st and suddenly the announcement came from Russia 50 flights will land in Antalya in one day so the hotels are now going from an empty hotels to the you know like short we'll have shortage in the rooms in the supply a lot of Europeans want to come as well and of course these are coming by the all of these are coming from through the airports so we see a huge demand in the airports as well and as we operate in the rules of the pandemic we are trying to create better solutions for everyone using all these hygienic factors as well we created safe certificates in the hotels and also in the airports the same is valid for for example Senegal because there's a huge diaspora who couldn't travel for the past one and a half years and they want to come back to the country same valid in Pristina the east in Europe as well so the airports and the hotels we see a huge comeback right now but in the pleasure travel I want to bring in on that note Peter Kern Peter Expedia has an incredible array of offerings across the whole travel experience sector how are you seeing the travel sector as we look at the summer is it a massive pent-up demand poised to come roaring back or is it a less kind of a less strong kind of return to people getting into the vacation experience oh just need to unmute you I think there Peter apologies zoom always gets me I was just saying uh I believe there's massive pent-up demand the uh we're seeing it across the globe but it is hemmed in by whatever the restrictions are for a given country so if you think about what Ebru was just discussing when you have a channel that can open between Russia and Turkey we see terrific demand but there are many countries around the globe where really you can't travel outside the country and in some cases it's quite restrictive still even within the country so what we've seen as she alluded to is lots of demand for leisure travel for domestic travel first and then as borders open up and and corridors open up essentially you see travel pickup so you've seen a pickup in in Europe recently we've seen it it's been quite strong in the u.s. where it's picked up and where there are corridors to places like Mexico and starting the summer the Caribbean so you're starting to see that but obviously it's still going to be restricted by what governments are willing to do the UK is you know moving backwards other countries have moved forwards then back Japan was much better and now it's worse you know that's happening all over the globe so vaccines clearly you know are the answer we'd like everyone to be vaccinated we'd like to get back to you know the more normal travel patterns but it's clear that there's you know huge pent-up demand across the globe for people to move around and what are the trends you're seeing you know we hear a lot about people exploring their own countries because of the travel restrictions people staying home to have vacations or at least staying in their home countries what have you been seeing from the huge amount of data that you sit on about what's happening in the travel sector yeah I've said all along it's pretty much what you'd expect I mean it is a tale of a thousand stories of different countries in different places but people are taking the opportunity to explore domestically certainly the kinds of leisure travel like beaches lakes mountains things like that are most popular big cities have been less popular largely because there's not that much open in big cities even in the US while big cities are starting to pick up like New York and San Francisco places like that they're trailing dramatically behind places like Miami where there's a beach to go to or the Florida coast etc so and you see that in every country you know the UK is going to the coast for the summer right and and everybody is looking for those leisure destinations where they can take their families we are seeing we have seen during the pandemic though it is reversing a little bit more interest in vacation rental homes as opposed to convent what we call conventional lodging hotels etc but that is that trend is reversing somewhat now as we see not so much that vacation rentals are not strong but conventional lodging hotels are now picking up and big cities are picking up as they become safer and more things restaurants tourist attractions open up thanks Peter I just want to hand back to burger for me next I think we've got our line to Monrovia open and we've got Ellen Serly Johnson with us welcome president Johnson burger over to you yeah good afternoon so good to see you madam president we are so pleased that you could join us and thank you for your leadership also on the commission that you have headed together with former prime minister Helen Clark on behalf of the WHO looking at how did we cope with the covid and how could what could we learn for the future we're still seeing major challenges out there we know a lot of people are still waiting to be vaccinated we know that a lot of the stimulus has been allocated in to the developed world and not the developing world and we know that people will be joining the group of people living in extreme poverty as a result of the covid so what do you think we should do and what do you expect the world leaders to deliver now in a g20 and g7 and the un context moving forward welcome thank you and sorry for joining late and i'm glad you started with the concern about the virus uh the pandemic that really has overwhelmed an unprepared world has left one full cost in human lives lives in livelihoods economic growth and at the same time comes at a time when we're all in the arena of the exposure of global inequities injustices deep rooted racism our commission have pointed to the fact that today the virus is still is still raging and i i don't think we all yet know the consequences of what this will be or for that matter what are the current responses will be effective enough to contain it uh as you pointed out the co-chair of the independent panel for pandemic preparedness and response has pointed out that there are two overarching action that needs to be taken globally one is to reset the entire global institutional architecture and secondly of course to reform the world health organization to make it more effective to carry out its mandate uh whatever we do whether it's creating as we propose it global health threats council or international finance facility or a global platform for the delivery of public goods such as vaccines we come to the fact that today if we do not stop the virus all human lives are at risk and the first step of vaccines we mentioned that but it's unacceptable that rich nations of the world will have the resources to be able to procure the vaccines from a few manufacturing companies based in the north will have what we call vaccine nationalism that they can continue to say they can vacate a hundred percent of their population and leave the others unattended in Africa for example two percent of our population is what we we now target uh but today the global situation is is is even tar even for those that have the capacity for vaccine 110 percent of the population the global population according to today's record has been fascinated so we can see how important it is that we address this and i mean we we give recognition to a lot of responses coming you know whether it's from the united states president biden whether it's from the european union those who have pledged one billion doses for delivery by 2021 or two billion or at two billion by 2022 we still know that even if we do that only we need seven you're getting 40 percent of the global population um fascinated the safety now on to the question that that that you raised about social recognition being able to address social issues um clearly today's world will speak to that the world has to interest those inequities that have left women behind not able to be in power to compete to be to take the rightful place in leadership position particularly at high levels to many of the youths if we look at the young population particularly in africa young population many of them getting educated technically prepared but lack of available jobs for them those are the social inequities that we all need to find the responses to and some of those answer lies in investment in the area that make a difference you cannot get jobs for the poor unless you create those businesses the investment in private sector the access to private capital that enable young entrepreneurs to be able to participate in the value chain the trade chain uh and that takes a lot of a lot of commitment on the part of those countries it's so easy to uh to in guess where the returns uh are higher where this this the security makes it easier but there you don't touch where the we are socially unless one is able to change that mentality to be able to accept worse to be able to see the support of equity extended to all these young technical people that have creativity and ingenuity trying their best to get knowledge trying to access digitization to make them more competitive what what can one do to be able to respond to those needs I grant you that responsibility lies first with leadership I mean leadership of every nation what is the leadership of poor nations clearly the primary responsibility rest on the shoulders and the formulation of policies uh in ensuring full participation by by all of those but there's also a responsibility of global leadership and the type of multilateralism that we have seen in the past that are brought through collective and coordinated action to be able to address poverty to be able to promote those activities that will lead us to the achievement of the sustainable development goals uh one has seen a pull back from that to nationalism protectionism you know isolationism so the the um the challenge is going to lie to everyone from whatever whatever institutions we are in wherever we work from that challenge to be able to find a way forward uh I hope that as your discussions go on I'll stay for a little while with thank you um so thank you thank you for for allowing me to make a few comments I hope it resonates with some of you and I hope that in some of your uh some of your remarks and and as you go into reflection yourselves when you leave for this meeting that uh is stay with you and you hope us to find all the answers to meet these challenges thank you so much uh alam uh johnson surleaf uh for your leadership and also for uh this food for tult i think this is also for agent a great segue into the next segment for you the president's real perspective on what it will take to achieve a more inclusive and fair world thanks very much burger and thanks madam president for that very thoughtful contribution I think as we look at the global economy we're talking about a decline in the global travel and tourism sector of nearly four trillion euros which is an incredible hit to the global economy and part of recovery is not just obviously vaccination as the president pointed in people moving again and uh one company that is doing that uh or helping to do that in many many different markets is national aviation services which is headquartered in kuwait delighted to have hassan al huri with us on the line hasan we're seeing incredible range of different measures being put in place to uh control travel to control the epidemic um but also quite a confusing number of regulations how someone like you who operate airports around the world how are you and your staff dealing with that confusion how are you navigating through it thank you adrian um thank you to the wef as well for having me on this on this wonderful panel uh to answer that question i want to go back to the 1950s the reason the 1950s is important for aviation is because it was during that time when english was adopted as the official language of travel of aviation of airlines pilots air traffic control and everything related to aviation that came as a result of a very tragic accident which included air traffic control and two aircraft which were not able to communicate effectively with one another i think we are seeing a repeat of that in 2020 what we have is a mosaic of different policies procedures government regulations you have seven week seven day quarantine you have 14 day quarantine you have quarantine at home quarantine in a hotel pcr test before arrival uh before departure sorry after arrival rapid tests vaccines one vaccine two doses and you have this entire mosaic which nobody is really able to decipher and that is really discouraging travel people like to plan their travel in advance and they just can't do that with this you know hodgepodge of different policies and procedures and government regulations i think as as the stakeholders of travel and tourism i think we failed miserably last year to bring all of these these policies together to create a global platform where you know people can can understand what is required and expected of them so that they can travel i think we did very well on the science side we got i think we we got an a plus for coming out to the vaccine in a record time and i think we vaccinated a lot of people at least in rich countries and you know that's great i think we need to do much better with regards to developing countries where one in 500 people are vaccinated which i think is is embarrassing but that's a different subject so i think the stakeholders of travel and tourism failed miserably and repeating the success that we've had since the 1950s where we adopted english machine readable passports visas different check-in systems all over the world that can speak to one another we need a repeat of that in in 2020 one of the things that we did and you know our company uh nas is the largest airport services company in emerging markets particularly strong in africa what we've done is we developed a system for the kuwaiti government where we connected labs within kuwait and labs overseas to the airports using blockchain and biometric uh verification of course with the full consent of the passenger we're able to test people in labs that we've we've we've audited and confirmed we know what the standards are and people can then travel comfortably when they're flying into kuwait we've also linked the the vaccine database of of kuwait to the airport and now we're working with international organizations to connect that that vaccine database overseas so people living in kuwait can travel overseas comfortably using their vaccine passport if you will so these are some of the things we've done to kind of resuscitate the travel and tourism industry which across the world you know provides employment for more than 300 million people hmm hassan we saw after 9 11 an incredible array of security procedures brought into airline travel those procedures have stayed with us do you anticipate some of the measures we're seeing now in dealing with the pandemic staying as part of the travel uh process moving forward or are you optimistic that perhaps this can be something that only stays in place for the duration of the epidemic so i think adrian before 9 11 airport services was built on quality and safety those were the two things that everybody spoke about after 9 11 we added a third pillar which is security you know so you said safety security and quality very important i think now after covid we've added we're adding a fourth one which is health traveling across you know africa and other parts of the world we used to have the yellow fever um the little yellow book for for you know yellow fever which you would show at the at the airport and nobody really knows is it a forged document is it valid they kind of just look at you know your the document if you have it they never really pay real attention to it what i think is going to happen and i hope happens is that we have a digital um passport if you will that is recognized globally and whereas you know airport officials can verify that a the the certificate that you present is authentic you are the rightful owner of that certificate you've given your consent to the airport official to have a look at that certificate and that it's the certificate is is is is checking the things that the airport official actually wants to check so is it whether it's covid yellow fever any other diseases any other diseases that might arise in the future it needs to be digital and it needs to be one that is a platform globally that all of these systems talk to. Thanks Hassan i i want to bring the minister back in if i may and a minister i know your brief doesn't extend to travel but we heard uh there from Hassan and we've also heard from our other panelists about the sheer complexity of the the different ways that governments have responded and obviously the challenge has been enormous for governments and you know one can only um you know step back and and uh admire the way in which they've risen to the challenge but on this issue of coordination is that something you and your colleagues are talking about as as perhaps the next step in dealing with the crisis of of international coordination working with companies to try and put in place some of the measures that we're hearing need to be established for us to move forward. I think Adrian we are putting our citizen safety first given that the virus is mutating across the world and just when people presume as Peter in his opening remarks itself just when people presume that the situation normalizes in one country erupts yet again governments across the world i can't speak for them but i can specially speak for mine we will prioritize citizens health security first we will ensure that we work with governments across the world but he has prioritized health security but i also must here say that the government is working actively with the industry to find solutions be it economic for that matter logistically but uh domestically i think we are currently looking at operations which are completely open however i understand the international constraints in which all governments are working given uh till such time that every global citizen is not vaccinated i think these challenges will continue to erupt and they will have to be met with solutions which are timely but solutions that are globally acceptable no thanks for that minister um staying with india i want to bring in Ajay Singh who's uh chair of advice of spice jet um Ajay how have spice jet been coping in in the current circumstances we've heard about the difficulties we've heard about the problems of of keeping people moving and of the overwhelming need to secure people's safety but what's been the impact on a major carrier like yourselves well peter as some of the participants have said of course this crisis has been absolutely devastating for the aviation and travel and tourism uh industry but as borge was saying in his opening remarks uh you know it's given an opportunity to airlines like us to try and pivot to new forms of business uh and try and find a way in which as corporations we can contribute to the larger effort of our nation uh of keeping people safe uh as our minister minister hrani was saying in her remarks i think what spice jet has tried to do is to actually assist in the national effort of getting our people back to our country she spoke of the nine million people that the government of india got back to their homes and we are proud to have contributed significantly to to that effort we also realized that what our country would need would be you know medicines and medical equipment and you know PPE suits and such things which would help the fight with covid and spice jet quickly pivoted and built a large cargo business which was basically and initially built to serve our country and now has become a pretty significant business i mean it's grown six times from where it started and the government has actually actively supported this pivot by providing policy directions in in such a way that there is suddenly this whole new industry which has been built up in india where indians finally and indian carriers finally are taking india's cargo across india and throughout the world uh this this was really the preserve of of airlines outside india and uh this crisis taught us that we could actually do this uh ourselves uh the the other pivot for spice jet has been its foray into uh the space of health uh we realized that uh uh testing uh this this rtpcr testing for covid was was extremely expensive in our country it was around you know test would cost about 25 dollars and we set about to to to to bring that cost down and we actually brought it down to less than four dollars and and that made testing much more available for for our country we also built an innovative model where we took these mobile labs we said look you know in in in so many ways indians find it hard to reach testing centers and so we took the testing centers to them and that again is a is a business which was built out of the necessity of covid and is doing exceedingly well we are using the same model now for vaccination so i think i think many positives have come out of this problem and and uh we are proud to contribute uh you know to to our government's massive effort at saving its own people actually i know you can't speak for the entire industry but can you give us a sense of how quickly a carrier like you can bounce back and get to the back if we move forward in vaccination if we move forward in protecting people what is the lag time between someone uh running a business like yours getting pilots getting aircrew getting routes getting planes back into service to something near the levels that we were seeing before the pandemic what is the timeline is it months is it years can you give people on the call an idea you know at least i can speak for at least the indian carriers and indians are very innovative people they move fast we've seen this happen you know pre covid we were flying about 400 000 passengers every day domestically and then there was a complete shutdown we went to zero in march of 2020 the prime minister of india decided that there would be a complete shutdown which probably saved this country you know in that first covid wave so we were shut for two months and then we started again in may and we started bouncing back really quickly we we went from zero to 300 000 uh in the space of the next few months then of course the second covid wave hit us and we went back to 40 000 passengers a day we are now back to 120 000 passengers a day and i have no doubt that of course safety being the highest priority as soon as we are allowed to fly more you will find that the indian carriers will bounce back really really quickly in fact i won't even say that it would take months it would just take weeks for us to do it we are all set and ready to go thanks for that can i come back peter to ask you as we look forward to this summer i just wanted to get a sense do you feel that the travel changes that we've seen the last 18 months of structurally changed parts of the industry and also changed permanently some consumer tastes or are we simply seeing a period of repression of global demand of global interest in travel because of the pandemic that will come back to what we thought of as normal before yeah i i think adrian that and i've said publicly that i that we believe travel is going to come back more or less like it was i think as a j suggested it's going to come roaring back when people can travel they will travel uh and while we believe that there may have been some adoption during the period uh you know people trying vacation rentals people trying other forms of travel in the u.s camping and rbs became quite popular i'm sure that's true in europe as well but uh you know we believe it will go back broadly people will still go to paris in rome and singapore and shanghai etc so i think um you know in general none of this is structural and as everybody's alluded to today i think uh we expect it will come back essentially how it was but stronger because of the pent-up demand and and just to refer to a couple of comments uh and hassan referred to this integration and working together of of the foreign governments uh or the world's governments i think it's true you know everybody was focused first on securing their safety of their people even in the u.s it is clear that that is still our main focus and and the industry is working with government to try to get more involved with other governments to try to align as hassan said around standards of you know global passports etc but it is not anywhere yet really and there's a long way to go on that so i think uh you know the shortest distance between us and back to normal is getting the world vaccinated there's no question i happen to believe that's probably faster than getting the world's governments to cooperate on a single digital standard but um maybe i'm maybe i'm being pessimistic on that uh but i think uh everything suggests that when they're vaccinated people return to their habits the things they love the places they love to go peter thank you i want to draw our conversation to a close but i just want to give a last word to each of our panelists um if i can start ebru with you what are your were you anticipating as we look at this summer as people in the in the uh northern hemisphere start making their plans what are you seeing are you seeing uh you know a beginning of a return to something like the situation of of 2019 um first of all i think people are more help more hopeful and in turkey we already have the vaccination identities right now i mean it's on digital and currently we are vaccinating like more than one million people and for this reason we are very hopeful about tourism and because we are fully dependent on also tourism and i was in us people want to go with people want to travel so pleasure travelers we see already in the airports as uh i totally agree with peter but this is of course dependent on the destinations that are open i mean some of the destinations are unfortunately closed but turkey is open so we are seeing more tourists and people definitely miss to travel on pleasure pleasure wise however in business wise i don't see that the travel will come back as soon as we expect everybody like this we are so much dependent on zoom now and digitally we make meetings i went to korea for one hour i traveled from turkey 11 hours i don't think i'm gonna do that again or in the hotels we used to make big meetings with conferences gatherings i don't think these will come back any sooner but it will be more family travelers pleasure travelers having hotel having holidays by the sea so basically everybody will travel on the pleasure side business will wait so the we are changing our strategy in the hotels to more um the sports kind of things like we are doing like three up loans tennis cycling so all these people would like to come together to jointly to make for sports events so basically i think everybody miss to travel so we expect to see a lot of tourists traveling around but no business yet no business hasan is that something you're you're thinking to that we'll see a return to people wanting to travel for family reasons to see loved ones that they haven't been off to connect with for months and also just to leave the places they've been stuck in for a long time but that we won't see perhaps the immediate bounce back of business travel what i what i think we're going to see is two things i think we're going to see a lot of domestic travel so people traveling within the us or you know within europe or within turkey for example and i think with the developed countries or the quote unquote rich countries people who are vaccinated are comfortable to travel however i think with regards to developing countries where vaccine rollout has been much much slower i think people are traveling out of necessity or out of apathy unfortunately i think a lot of people have just raised their hands up and said we can't deal with this anymore we need to travel vaccinated or not we're going on holiday we're going to travel for business or we're going to go and travel and see our parents our kids our cousins whatever it is so i think these are the two different kind of if you will pillars that we'll see and agile you talked about pivoting to cargo you know do you see business travel coming back in the same way that we've heard from from ebru and from hassan in a more limited way and that you'll be taking a lot more stuff and fewer humans in the near to distant future or do you are you a bit more optimistic about the business perspective no i think i agree with the both hassan and ebru that business travel would be the slowest to come back but as you know india has a has a very significant domestic market we have 1.3 billion people and we all love to travel and we suddenly discovered india you know for for so many of us we didn't know how beautiful our country really was and and we are getting a glimpse of that and so domestic travel will pick up remember that india is also the country which makes the largest number of vaccines in the world you know minister irani spoke about the 270 million vaccines administered the government has a really ambitious plan to wax vaccinate 10 million indians every day we vaccinated eight million people just day before yesterday so i'm very hopeful that we will vaccination will pick up pace and indians will discover india and we will have a lot of domestic travel within india and of course international travel we'll have to wait and see what happens minister that seems like a great cue to give you the last word on our discussion today and we began by talking about some of the issues around equity and the vaccine we heard from president surly johnson about the issue of vaccine nationalism but on a more positive note we're also talking about internationalism about getting people back moving around this great world of ours and actually restoring one of the great industries of the global economy which is travel and tourism what's your takeaway to panelists and the people watching this afternoon i am which is that the world exists and persists to exist on hope and as somebody who has traveled well on addressing the airline with my family yes i will support what he says that we in india are rediscovering our uniqueness in the travel circuit but we hope to be global travelers yet again but like i said prioritizing the security and safety and health of global citizens ensuring that every global citizen at least in india we have ensured that every indian eligible for the vaccine is vaccinated i just spoke about eight million indians today like i said as we speak 297 million doses have been given to indian citizens across our country we also since you spoke about equity in building back better we can today say as indians proudly so that apart from cash transfers to 200 million indian women i was proud to see that 176 million indian women received collateral free working capital before the pandemic and during the pandemic to help women especially who are in the sme segment the government announced scheme calls vanidhi which is particularly directed at street vendors apart from big industry support that the government announced and happily so i shared today that of the three million people who applied for these loans 41 percent of the beneficiaries again were indian women so we are like i said committed to building back better not only for india but for the world we in india set in an example as ajay said we pivoted on many of our industry segments beat airlines beat the manufacturing of PPE or for that matter becoming the pharmacy of the world we stay committed not only for the well-being of india but also nations across the world minister and all of our panelists thank you all for joining us this afternoon and for sharing your insights on the global bounce back of what we hope is going to be a return for one of the world's great industries thanks everyone for watching