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Lorenz Counsel Elected To International Business Council Board

Bishkek – April 29, 2009. Mr. Wagner was elected to the Board of the International Business Council (IBC), a business association representing a wide range of local and international businesses that created thousands of jobs in the Central Asian region with a combined investment of over one billion USD in the Kyrgyz economy.

Besides promoting the common interests of business investors and providing members with relevant information and advice to support their business operations, IBC’s mission is to make the Kyrgyz Republic a more attractive investment location by promoting good business legislation and efficient business practices, working in partnership with the government of the Kyrgyz Republic and other local and foreign organizations. IBC actively supports the economic reform process and ensures that private sector investors are represented in government policy activities. IBC also has a strong recognition amongst the international finance institutions, embassies, and donor agencies as a key player in the process of reform.