Commission on Business Opens its Secretariat

On 15-17 May 2003 Kaunas City hosted the Annual Meeting of the UBC Commission on Business Cooperation. The representatives came from 18 cities all around the Baltic Sea.

The Commission focused mainly on its motto forthis year's meeting "E-dimension: Public and Private partnership". E-dimension, innovations via technological parks and business incubators, formation of the municipal budgets - accumulation of funds for the EU investment projects were among the subjects tackled.

On May 16, the participants visited the annual exhibition "Kaunas 2006: Contact Business Science Investment". The perspectives of Kaunas economic development as well as a number of Kaunas companies and their production were presented at the exhibition. Presentations and discussions on the e-dimension, as well the innovations via technological parks and business incubators surely provided new ideas for the participants and presented the progress of the on-going projects.

All the participants acknowledged that the topics of the meeting are very important for all the cities and should be developed in the future as well. The e-dimension issues could be discussed in cooperation with the Commission on Information Society.

The meeting established the Commission's Secretariat in Kaunas. The next meeting of the Commission in 2004 is agreed to be held in Vaxjo. Tallinn was proposed as a meeting place of the Commission for 2005.