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Alexey Miller moderates 35th Presiding Committee Meeting of International Business Congress in St. Petersburg

December 5, 2016, 20:00

St. Petersburg hosted today the 35th Presiding Committee Meeting of the International Business Congress (IBC) moderated by Alexey Miller, Chairman of the Gazprom Management Committee, President of the IBC.

The Chairpersons of the IBC Working Committees presented their progress reports to the Presiding Committee. Special emphasis was put on the successful implementation of a number of projects in such areas as energy efficiency, use of gas as a vehicle fuel, health and ecology. At present, the IBC supports the work performed within five projects covering, inter alia, education, LNG and computer technologies.

The Meeting addressed the issue of altering the membership of the Presiding Committee. In addition, the participants approved the IBC budget for 2017 and agreed on the central theme of the next IBC General Meeting: “Natural Gas as the Fuel of Choice for the Future.” The 20th IBC General Meeting will take place on May 25–26, 2017, in Vienna.

Background

The International Business Congress (IBC) is an international non-governmental and non-profit organization. The IBC consists of 126 members, including Gazprom, Sakhalin Energy, Deutsche Bank, J.P. Morgan Bank International, Mitsubishi, Mizuho Bank, Siemens, Shell, Statoil, Schneider Electric, Sumitomo Mitsui Banking Corporation, and others. The IBC membership comprises 28 countries.

The IBC’s supreme body is the General Meeting. The 52-member Presiding Committee exercises general management. The 9-member Board of Executive Directors is responsible for operational issues.

The Congress deals with the practical aspects of economic cooperation and brings forward proposals on how to remove barriers and establish a favorable environment for safe and efficient entrepreneurial activities. The IBC operates through eight Working Committees: Energy; Industry, Innovations and Prospective Development; Law, Banking and Finance; Information and Communications; Ecology and Healthcare; Human Resources, Education and Science; Business Security; and Modern Technologies and Prospective Oil and Gas Industry Projects.

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