Indian-origin South African billionaire Iqbal Surve has been appointed as chairperson of the country’s BRICS Business Council.
This has underlined the need for strengthening trade ties with countries like India and China.
Straight after his appointment by the South African government, Surve, headed to New Delhi for the mid-term meeting of the Brics Councils from other countries in the bloc – Brazil, Russia, India, China and South Africa.
He highlighted importance to strengthen ties with China and India.
Surve, the chairperson of Sekunjalo Group and Independent Media, has interests in media, technology and healthcare.
He is a founding member of the BRICS Business Council and the Clinton Global Initiative; he additionally serves on a number of multi-lateral institutions and global organisations.
Surve served as the first chairperson of the World Economic Forum Global Growth Companies Advisory Board and vice chairperson of the Global Agenda Council for Emerging Multinationals.
He is a participant member of the G20 meeting and serves on B20 Task Teams as well as the Unga private sector forum.BRICS Business Council: Know MoreBRICS BUSINESS COUNCIL
The BRICS Business Council was established during the Fifth BRICS Summit held on 26th - 27th March 2013 in Durban, South Africa.
The objective of creating the council was to constitute a platform which will:
- Promote and strengthen business, trade and investment ties amongst the business communities of the five BRICS countries;
- Ensure that there is regular dialogue between the business communities of the BRICS nations and the Governments of the BRICS countries; and
- Identify problems and bottlenecks to ensure greater economic, trade and investment ties amongst the BRICS countries and recommend solutions accordingly.