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The American Chamber of Commerce in Korea,
better known as AMCHAM, was founded in 1953 with a broad
mandate to encourage the development of trade and commerce
between Korea and the United States. Our membership has
grown to over 2,300 members and includes over 1,000 member
companies.
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Although the functions of today's
Chamber are as varied as the types of businesses it represents,
the basic aims of all AMCHAM functions are:
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to
promote and protect the interests of member companies
operating in Korea. |
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to
represent and relay the opinions of the American business
community to the Korean government, and to Korean trade
and industry associates as well as to U.S. government officials.
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Within the U.S. and Korea, efforts
are made to keep members informed and to encourage them to participate
in Chamber activities.
The bimonthly Journal, provides useful
outlines of local trade, business, financial and industrial
news to members local and abroad. Other publications provide
members with information and assistance on living, working,
and solving problems in Korea.
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AMCHAM Korea has institutionalized
its ability to organize seminars and Breakfast Briefings for
visiting business-people and politicians, to assist in acquainting
them with business conditions in Korea. Meetings are also arranged
for members who wish to meet with others of similar business
interests to discuss specific issues.
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The Chamber enjoys excellent standing
with the U.S. Embassy. The Ambassador is the Chamber's Honorary
Chairman, and he and his staff hold periodic briefings for
members of AMCHAM. The annual "Know Your Embassy" program is
a special orientation for members to help them better understand
the services offered by the U.S. Embassy.
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The Chamber also sponsors functions at which visiting U.S. Members
of Congress, and occasionally Cabinet Members, meet informally
with AMCHAM members in small sessions to discuss areas of specific
interest.
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Meetings for the entire membership
are held monthly, in which guest speakers, both from Korea and
abroad, discuss topical economic and political news and events.
This provides a useful perspective for business-people in Korea.
Much of the important business of the Chamber, however, is
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conducted
over 30 committees through regularly-scheduled monthly meetings.
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In the Spring of each year, AMCHAM
Korea sends a team of Chamber representatives to Washington
on an independent "Door-Knock" program. This mission is organized
solely for AMCHAM interests, and is a strong indication of the
importance of today's trade relationship between Korea and the
U.S. The AMCHAM Korea team informs
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congressional leaders of
the current market situation here and makes recommendations
on actions that should be taken to reach mutually-agreeable
solutions to trade problems.
AMCHAM Korea has grown from its very modest beginnings in the
year the Korean War ended to a large professional organization
with an ever-increasing influence on the trade and business
relationship between the U.S. and Korea. It derives its strength
from the scope of its membership and from the efforts of the
volunteer committee members who do the work and achieve the
results. AMCHAM is at the center of business activities and
has established full credibility with the Republic of Korea
and the U.S. Government.
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