[2023] Networking in the USA: Amcham: Brazilian-American chamber of commerce

What is Amcham?

The breadth of the term Amcham (American Chamber of Commerce) becomes much greater when we see its multiple covers: Strategic discussions for major decision-making, technological, trade and regulatory studies and assessments, government-related agendas, and more.

Brazilian-American Chamber of Commerce

The Brazil-United States Chamber of Commerce Amcham aims mainly to bring together large American and Brazilian companies operating in the USA; since this bilateral relationship has existed for hundreds of years (and only gets closer every decade).

In this publication you will learn more about the performance of this institution, as well as its importance and fundamental role in the growth of small, medium, and large companies (Brazilian and US).

Amcham Brasil

One of Amcham Brasil’s fundamental roles is to bring government closer to companies.

Such function was very well performed in 2011 and 2015, where the institution promoted agendas and integrated more than 800 businessmen with the then president (Barack Obama) and Dilma Rousseff (Washington), respectively.

The American Chamber of Commerce was also responsible for implementing, through studies and strategic data analysis, projections until 2030 of the impacts of agreements to eliminate taxes (tariffs) between Brazil and the United States (USA).

For this, the Chamber of Commerce relied on the partnership of the FGV (Getúlio Vargas Foundation).

Amcham Arena 2021

With the program in the “contest” design, a (free) competition was launched between entrepreneurs from all over Brazil.

Startups compete against each other, being judged by a special group of judges selected by the American Chamber of Commerce.

It is important to point out that the companies need to be in operation, that is, their products and services need to be already being commercialized.

Among many recognitions, according to the regional unit, the awards for this event included something around R$50,000.00 (Amcham Brasil’s sponsorship for events, as well as access to a one-year membership and exclusive pitch with important business decision makers).

What is Amcham Connect?

It is nothing more than an online platform that aims to integrate businesses, in addition to promoting organizational relationships and other content about the trends and best opportunities for commercial investments.

According to the Chamber of Commerce itself, there are more than 5000 companies in the database.

Furthermore, the platform promises access to more than 10,000 market surveys per year, in addition to 94,000 LinkedIn profiles and more than 2,000 virtual and in-person activities.

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What is Amcham Arbitration?

WHAT IS ARBITRATION?

Arbitration is a strategic set of dispute solutions that serves as an alternative to the judiciary, which privileges flexibility, confidentiality and speed, always aiming at the adequate and definitive resolution of disagreements between the parties involved.

The Legislation Committee of the Chamber of Commerce, in the 2000s, established the Amcham Arbitration and Mediation Center in order to administer arbitration and mediation proceedings, as well as other regulated methods.

ADVANTAGES OF THE BRAZIL-UNITED STATES TRADE CHAMBER ARBITRATION

• The parties involved have a choice of arbitrators, language, and even seat.
• There is an odd total number of arbitrators that make up the Court that issues the final decisions on disputes.
• Impartiality and independence are present and mandatory characteristics for all arbitrators.
• The final award will be in accordance with prevailing rules or determined by the parties.
• Any and all available disagreements regarding rights in property may be resolved through arbitration of the American Chamber of Commerce.

For these types of services, the American Chamber of Commerce has structures with multiple rooms for meetings and hearings, online media and videoconferencing services, 14 units arranged throughout Brazil, competitive cost-benefit, constant updating of regulations, in order to meet international and national standards.

What is mediation?

Mediation is also a set of practices that aims at the resolution of claims; the difference is that here there is a mediator, who is a neutral agent, a third party, who will serve to provide communication between the parties and also conduct the process, in order to mediate conflicts in the most friendly way possible and good for all involved.

ADVANTAGES OF MEDIATION BY THE BRAZIL-UNITED STATES TRADE CHAMBER

• Aiming at the preservation of the corporate relationship, the parties are in full control.
• Flexibility and confidentiality are non-negotiable criteria, always focusing on the participation of those involved in the process.
• It is cheaper and faster than an arbitration procedure.

CAMARA OF COMMERCE: AMCHAM CLASS

The American Chamber of Commerce is concerned with the marketing “carriage ride”, so it delivers to the market a training program with the biggest market leaders, where the main objective is to prepare entrepreneurs and/or entrepreneurs to scale their businesses and/or careers in the shortest possible time.

Operate on this corporate educational platform professionals such as: Armando Lopes (director of Siemens), Jerome Cadier (CEO of LATAM), Ruben Fernandes (CEO of base metals at Anglo American London), Marcelo Miranda (CEO at Consolis Tecnyconta Spain), Luís Binotto ( Senior Vice President Global Division Manager at Andritz), and many others.

Was Amcham much more than you thought? Leave a comment and share with us and our readers, your opinion and your ideas!