Guam Chamber of Commerce
Guam Chamber of Commerce
About the Guam Chamber of Commerce
Throughout the world people have awakened to the importance of the system of free enterprise - a system of private individuals working in the freedom of the market place in competition with each other, creating wealth and employment for society and providing the basis for stability. The private sector must find solutions for society’s needs. Proposals to encourage and enable more Guamanians to work, prosper, save, invest and realize their ambitions can only come from an organization that is free from bureaucracy and where every member has a say.
The Guam Chamber is such an organization. It is a voluntary organization. Strong because of an extensive membership, united in its goals of advancing the general welfare and prosperity of Guam and guided by its Code of Ethics. With only four employees, it has no bureaucracy to strangle proposals, but rather encourages membership input.
Businesses sometimes fail to recognize the fact that the Chamber of Commerce is their salesman and watchdog - unceasingly promoting their products and services while at the same time protecting their interests. This is particularly important in the political arena, where a single voice can go unheard, but the collective, united voice of the Chamber of Commerce has often proven effective and beneficial to business.
Who are we?
The Guam Chamber of Commerce is a non-profit voluntary association of business and professional individuals and firms united in their desire to improve business and build a better social and economic community on Guam.
How do we work?
The Chamber is governed by a volunteer 17 member Board of Directors elected by the membership yearly. The Board of Directors is vested with the power to establish the Chamber’s public position and policies. The Board elects its officers to form the Chamber’s Executive Committee which functions as a clearinghouse on Chamber matters. Most Chamber work is carried out by Chamber members through a network of committees. A work plan is drafted early in the administrative year, providing the blueprint for the Chamber’s work.
What do we do?
The scope of Chamber activities is unlimited, depending on the needs of the community and the desire and ability of the Chamber to carry them out. Chambers of Commerce have traditionally been the information agency of an area or community, maintaining factual data, folders and maps to answer inquiries of all types, whether they be personal interviews, by telephone or by mail, coming from residents and visitors alike. The Chamber promotes the area’s economy and encourages business and industrial investment, broadening the tax base and providing employment. To business prospects and newcomers, the Chamber represents the community’s “front door.”
Code of Ethics
Each member of the Guam Chamber of Commerce ascribes to a Code of Ethics which serves as inspiration for each Member to rise above minimum standards. Through the code, the Chamber proclaims and reaffirms its commitment to the highest ideals of principled free enterprise in the American democratic tradition and in the context of America’s outpost in the Pacific Rim. While each Member must find within his own conscience his own measure of right and wrong, as a body, the Chamber adopts this code to encourage and exhort its Members to the common good, within its purposes, and, when necessary, to judge that conduct which is unbecoming a Member of this Chamber.
The American Chamber of Commerce in the People’s Republic of China (AmCham China) represents American business in China. AmCham China’s membership comprises more than 800 companies and 1,900 representatives. AmCham China has grown apace with the dramatic influx of American businesses into the China market.