International Business Council (IBC)

The International Business Council (IBC) is a business association, established in December 2000, whose membership includes a wide range of local and international businesses who have created thousands of jobs and have a combined investment of over one billion USD in the Kyrgyz economy. As well as promoting the common interests of business investors and providing members with relevant information and advice to support their business operations, the 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. The IBC actively supports the economic reform process and ensures that private sector investors are represented in Government policy activities. The IBC also has strong recognition amongst the International Finance Institutions, Embassies, and Donor Agencies as a key player in the process of reform. The IBC supports the ten principles of the UN Global Compact, setting core values in the areas of human rights, labor standards, environment, and anti-corruption. The IBC encourages members to embrace, support and enact these principles within their sphere of influence. The IBC works cooperatively with government and other local and international organizations to fight against corruption and to change laws and practice that impede social or economic justice.