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ASSOCHAM Study

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International Activity
Formation of India-China Business Alliance (ICBA)

ASSOCHAM, in recent past, has taken initiatives in the important areas such as Africa, Arab World, CIS, Knowledge Economy SEZ etc. In the context of fast emerging economic scenario in China and the significance of developing and responding closer trade and commercial ties with it, ASSOCHAM has now taken the initiative to set up an active new platform to top businessmen of both sides to deliberate on right strategies in this regard. As a first step, an India-China Business Alliance has been formed in the presence of H.E. Mr. Sun Yuxi, Ambassador, People’s Republic of China and Government officials in ASSOCHAM House on 13th March. The Alliance shall be chaired by Dr. D.K. Ghosh, Chairman & Managing Director, ZTE Telecom India Pvt. Ltd. and Co-chaired by Mr. Robinson Yu Yong Bin. 

The objectives of the Alliance are to provide facilitation cell as well as advisory services to the Indian and Chinese companies, especially to the members of the Chamber. 

I am happy that while inaugurating the Alliance H.E. the Ambassador announced that on the recommendations of the ICBA, Embassy will be granting Express Visas, attending all the specific problems, and will seek clarifications from China on priority basis. The Alliance would also enjoy support of the governments of both the countries. 

Members are already aware that the Chamber has started fortnightly “China Up Date”. Large number of Chinese Companies have already joined ASSOCHAM, and creation of special Data Bank on China is under process. The product-wise Chinese Companies, interested in Imports and Exports from India are also available with the Chamber. These are specialized services and will be strictly provided on commercial basis.

We are sure you would like to become a member of the ICBA by paying Rs. 10,000/- per annum or become member of the Chamber which will entitle you to enjoy al the benefits available to its constituents.

IMPORTANT: MINISTRY OF EXTERNAL AFFAIRS HAS AUTHORISED ASSOCHAM TO SIGN VC DOCUMENTS FOR ISSUANCE OF PASSPORT ON TATKAL BASIS TO ITS MEMBERS.

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