Indo-Israel Business Alliance

In order to promote Indo-Israeli cooperation to its full strength in the private sector, an Indo-Israeli Joint Business Council was established in 1993. The signatories were Federation of Indian Chambers Of Commerce and Industry (FICCI) and Associated Chamber of Commerce and Industry of India (ASSOCHAM) from the Indian side and Federation of Israeli Chamber of Commerce (FICC) from the Israeli side. However, in the Inter-Govemmental Meeting of India-Israel Joint Trade and Economic Committee, held on January 28-29, 1996 at Jerusalem the two Governments made emphasis on closer interaction between business communities for expansion of trade and mutual cooperation. Keeping this in view it was proposed to upgrade the Joint Business Council (JBC) into India-Israel Business Alliance (IIBA). The IIBA came into being on 24th October, 1996.

The IIBA is the nodal agency for the promotion of economic and commercial cooperation between India and Israel. It has been established at FICCI through the joint efforts of FICCI, Embassy of Israel, various Chambers of Commerce - ASSOCHAM, FIEO, PHDCCI etc. The Alliance is also supported by Ministry of External Affairs and Ministry of Commerce, Government of India. The IIBA has been designed to provide SINGLE WINDOW SERVICE for all matters pertaining to the promotion of trade and economic cooperation between India & Israel.

The forum also publishes a quarterly newsletter which highlight various opportunities available for doing business with Israeli companies.

Objectives

• Promotion of trade, investment and commercial relations between the two countries as well as in third countries Examination & strengthening of existing institutional links between India and Israel at all levels.
• Identification of regulatory and other problems affecting trade and investment and suggest measures to remove these difficulties.
• To arrange trade fairs & promotional events exhibitions, seminars, lectures, etc.
• Technology transfer and sharing of commercial information.
• Assist in establishing joint ventures between the two countries
• ASS!ST in establishing appropriate contacts between the businessmen of the two countries.

Membership

The Membership of IIBA is open to all companies & individuals who have business interest in India & Israel.

Board

IIBA's activities are supervised by a Board consisting of 30 members. Mr Shyam S Bhartia, Mg Director, Vam Organic Chemicals Ltd. is the Chairman of the IIBA. He has been nominated as the Chairman along with the other Board Members for a term of 2 years. After the First term of IIBA is completed the Chairman & Board Members would be elected.

Regional Heads

To coordinate the IIBA activities at regional level the following have been appointed as Regional Heads:

For details contact:

Dr. Manju Kalra Prakash,
Joint Secretary,
FICCI, Federation House,
Tansen Marg,
New Delhi - 110 001
Tel: + 91-11-3738760-70 (11 lines)
Fax: + 91-11-3721504, 3320714
E-Mail: ficci.bisnet@gems.vsnl.net.in