Wednesday, Sep 23, 2020 | Last Update : 06:40 PM IST

182nd Day Of Lockdown

Maharashtra122438091634833015 Andhra Pradesh6317495518215410 Tamil Nadu5473374919718871 Karnataka5268764233778145 Uttar Pradesh3588932895945135 Delhi2492592133045014 West Bengal2283021989834421 Odisha184122149379763 Telangana1726081419301042 Bihar169856155824870 Assam159320129130578 Kerala13863398720554 Gujarat1247671051913337 Rajasthan116881972841352 Haryana113075908841177 Madhya Pradesh108167836182007 Punjab99930754092860 Chhatisgarh8618347653680 Jharkhand7267358543626 Jammu and Kashmir65026421151024 Uttarakhand4177729000501 Goa2875322726360 Puducherry2319118065467 Tripura2227215441245 Himachal Pradesh124387836125 Chandigarh102987411123 Manipur9010683859 Arunachal Pradesh7385540813 Nagaland5544445110 Meghalaya4733252838 Sikkim2447190529 Mizoram158510120
  Newsmakers   31 Mar 2017  Indian magnate appointed head of SA's BRICS Business Council

Indian magnate appointed head of SA's BRICS Business Council

PTI
Published : Mar 31, 2017, 7:00 pm IST
Updated : Mar 31, 2017, 7:00 pm IST

Iqbal Surve is a participant member of the G20 meeting and serves on B20 Task Teams as well

Iqbal Surve.(Photo: AFP)
 Iqbal Surve.(Photo: AFP)

Johannesburg: Indian-origin South African billionaire Iqbal Surve has been appointed as chairperson of the country's BRICS Business Council and 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 hightlighted importance to strengthen ties with China and India.

 

"In the age of Trump protectionism and Brexit, we have to strengthen our ties with business in the East, especially China and India, whose economies are expected to be number one and number three in the world by 2030, with a GDP of USD 35 trillion and USD 16 trillion respectively," Surve said.

"This opens up many opportunities, not only for South Africa but for the continent," Surve said, adding that it was of utmost importance that Africans benefit from the new BRICS Development Bank.

"It is an interesting development that China is flying the flag for globalisation at a time when US President Donald Trump is taking a more protectionist stance," Surve was quoted as saying by the daily Business Report.

 

Surve, the chairperson of Sekunjalo Group and Independent Media, has interests in media, technology and healthcare. The chief executive of the South African Public Investment Corporation, Daniel Matjila, lauded Surve's appointment.

Surve said he sees his new role as one of being an enabler to ensure that Brics benefits the most marginalised South Africans and Africans, especially in the areas of financial services and sustainable development financing. Surve said the Business Councils had a huge role to play in economic development.

"We want them to build dams, roads, power stations and railway lines in Africa. It is noteworthy that all five countries (in BRICS) have different ideals, economic policies and politics, yet we know that for economic growth we have to work together to ensure our people benefit economically.

 

"Included in the benefits must be skilling and reskilling in preparation for the fourth industrial revolution, where biological, physical and digital worlds merge," Surve concluded.

Surve is a founding member of the BRICS Business Council and the Clinton Global Initiative; he 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, amongst others.  

 

Tags: brics, business council, iqbal surve, world economic forum
Location: South Africa, Gauteng, Johannesburg