The Industry and Construction Working Committee was established in 1999 as a necessary measure to study the mechanisms of East-West cooperation in industry and construction. In 2016, the Committee was renamed "Industry, Innovation and Prospective Development.
The mission of the Committee is to promote the process of European industrial integration, the creation of a common system of innovative technologies and mutually beneficial investment climate.
A working subgroup "Energy saving and efficiency" was created to consider various aspects of the main topics on the Committee's agenda
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