rominent British-Indian peer Lord Karan Bilimoria has been appointed chair of the influential International Chamber of Commerce United Kingdom (ICCUK) and welcomed the British government’s relaunch of Free Trade Agreement (FTA) talks as part of his new role.
Bilimoria, founder of Cobra Beer, will take the reins at ICCUK in the new year when the India-UK FTA negotiations are expected to resume in the wake of a meeting between Prime Ministers Keir Starmer and Narendra Modi at the G20 Summit in Brazil earlier this week.
As a champion of closer India-UK trade ties, the businessman welcomed the renewed “committed and concerted effort” to the FTA and called on both governments to set a deadline for completion.
“There are huge benefits for both countries in goods, investments, and services. India is the fastest growing major economy in the world and Indian companies are already significant investors in the UK,” said Bilimoria in a statement following the announcement of his new ICCUK role this week.
