Business Daily from THE HINDU group of publications
Wednesday, Sep 05, 2007
ePaper
Business Daily from THE HINDU group of publications Wednesday, Sep 05, 2007 ePaper |
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Industry & Economy
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Foreign Trade UKIBC aims to boost ties, investment
K.R. Srivats New Delhi, Sept. 4 The fledgling UK India Business Council (UKIBC) aspires to be the ‘voice of business’ before the UK and Indian Governments in a bid to foster bilateral trade and investments between the two countries, according to its CEO, Ms Sharon Bamford. The Council recently evolved out of the Indo-British Partnership Network (IBPN), which was established in 2005 to implement the Indo-British Partnership initiative, which was created in 1993 by the then Prime Ministers of the UK and India. Ms Bamford, who is on her first visit to India, told Business Line that in the coming days, UKIBC may undertake studies on the Indian market and convey the potential that exists in various sectors to the British Government and indus try in the UK. She plans to liaise and work closely with the Indian and UK Governments and private sectors, alongside UK Trade and Investment and the Indian High Commission in London. India’s bilateral trade with the UK was worth $10 billion in 2006-07.
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