CFI’s Honorary President, Lord Polak CBE, has called for greater cooperation between the UK, Israel and India in an article published by India Global Business this week. The piece underlined the close bilateral relationships that already exist between the nations, “which if synergised trilaterally could lead to greater socioeconomic benefits for all three parties”.
Lord Polak highlighted the potential benefits of closer trilateral cooperation in regards to start-ups, emphasising that “three way collaboration would allow Israel’s brain power and strength in core technologies to work alongside the UK’s well established position as a global leader in financial services to the greater benefit of the Indian fintech ecosystem and profit of all three nations”.
The Conservative peer added that the UK and Israel’s agricultural aid programmes in the Bihar region would be more efficient if delivered in unison. He posited that Israel’s programme should focus on training farmers to use cutting edge agritech and market their products, whilst the UK could focus on connecting farmers with investors and corporate buyers.
Lord Polak concluded by stating: “It is clear that our deep relationships with both India and Israel hold the potential for an innovative and mutually profitable post-Brexit trilateral arrangement”.
Read the full article here.