GATEWAY TO THE WORLD

Joint Business Councils (JBCs) are institutional mechanisms between FICCI and counterpart apex Chambers in different countries that facilitate regular business to business interaction on a regular basis. JBC arrangements have been established by FICCI with 79 countries.

JBCs also provide a variety of business facilitation services by closely working with Government and business promotion organisations in India and the respective partner countries. JBCs also play host to the high-level Government dignitaries who visit India and help build close working relationships between Governments and business.

Major activities of the JBCs include exchange of business delegations and joint task forces that help identify the bilateral business co-operation potential and make suitable policy recommendations to Governments. Joint Business Councils are also often held along with the inter-governmental Joint Commission meetings to facilitate Government and business synergy in promoting business linkages.

Specific services rendered by JBCs include assistance for setting up Joint ventures, finding sources of investment and technology and providing a clearing house for business enquiries and information.