The FBA EAC Committee on Industry

Relevance of the creation

It is important to coordinate industrial initiatives in a systematic manner and harmonize technical and regulatory standards in the context of our new economic Asian focus. FBA EAC as a multi-regional platform (Greater Eurasia, North America, Australia, New Zealand) has a unique opportunity for consolidating the industrial potential of its participants.

The mission of the International Banking Committee is to promote the industrial development of Greater Eurasia through the integration of production capacities, technologies and expertise.

Strategic goals

• accelerating the exchange of technologies among participating countries;

• improving the competitiveness of industrial enterprises in the FBA EAC areas.

4. Main tasks

Analytical and predictive activity:

• monitoring of industrial trends and technological transitions;

• writing the analytical reports on industry segments;

• forecasting the demand for industrial products.

Project coordination:

• support of industrial initiatives;

• the selection and verification of cooperation partners.

Tech development:

• promotion of digitalization and robotization of production;

• the best practices exchange;

• support of the tech green transition.

Regulatory cooperation:

• harmonization of technical regulations and standards;

• lobbying the interests of industrialists in government agencies.

Staffing:

• development of industrial specialist training programs;

• internships and experience exchange.

Information and communication support:

• organization of the industry forums and exhibitions;

• promotion of the Committee members achievements.

5. Responsibilities

The Committee is responsible for the following:

• International industrial cooperation—coordination of industrialists’ Associations and Unions.

• Investment activity—finance attraction to promising industrial projects.

• Innovation and R&D—support of the advanced solutions.

• Staffing potential—development of the educational programs.

• Information policy—formation of the industrial agenda.

6. Governance structure

• The Chairman of the Committee (A. Kotlyarsky)

• strategic leadership;

• representation in the FBA EAC bodies and external structures;

• key projects coordination.

Working groups in the areas of activities of the Committee

Expert Council:

• attracting key industrialists, scientists and engineers;

• consultations on strategic issues;

• evaluation of the initiative effectiveness.

7. Realization mechanisms

• Regular meetings of the Committee and working groups;

• FBA EAC website for coordination, and information exchange;

• FBA EAC Industry forums and conferences;

• Partnership programs with different industrial Associations;

• Analytical reports for members of the Association and government agencies.

8. Key Performance Indicators (KPIs)

• Number of industrial projects reviewed;

• number of participants in educational programs;

• The satisfaction index of Committee members (conducting the surveys).

9. Expected results

• attracting new industrial enterprises to the FBA EAC membership;

• development of proposals for the harmonization of the regulatory environment.

10. Resource provision

• Financial resources: contributions from Committee members, grants, and partnership programs.

• Information resources: FBA EAC database, industry-specific analytical platforms.

• Human resources: Committee experts, invited specialists, administrative support.