Tuesday, February 08, 2011

Local Chamber of Commerce COC

Definition* –- Local Chamber of Commerce
Association of businesses of a city, region, or country formed to protect and promote the economic interests of its members through legislative and other means. Major COCs are affiliated to the International Chamber of Commerce in Paris, and arrange dispute resolution through arbitration, representation at trade exhibitions, trade promotion tours, ATA Carnets, apostilles, etc.

*Although I operated  a successful business for more than ten years, I never appreciated how the local chamber works. Bad me.