The chamber of ILACC draws up market strategies based on prevailing trends in both the countries. It is in touch with the Indian chamber of commerce, export promotion councils and industrial houses for their interest in doing business with Latin American and Caribbean countries. ILACC also keeps businessman in the LAC countries informed about investment opportunities in India. Services rendered include organization visits of Indian delegation to LAC countries and vice versa, arranging B2B meets between buyers and sellers on the both sides, sealing MOUs with the chamber of commerce and association in both the countries, facilitating trade for member and so on. It also render advice on a variety of subject such as industrial growth, monetary and fiscal policy, exchange rate policy, economic planning, taxation and corporate laws.
Highlighted activities are
- Seminar/conference and workshop on matters relating to indo- LAC trade and industry for providing required information to the Trade with the help of Exim Bank and Govt institution
- Participation in trade fairs and exhibitions.
- Sponsoring Delegation of India businessmen to visit LAC countries and vice versa.
- Identification of products for export to the LAC countries.
- Promotion of membership interest and assist them to made their business grow in LAC region.
- Work very closely with various LAC Embassy in India.
- Circulation of list of importers of various product.
- Organizing buyer-seller meet both in India and LAC countries.
- Assisting in appointment of Agents in the LAC countries.
- Assisting opening the representative office in the LAC countries.
- Product analysis, feasibility study, scale of preference of the customer Information on nature & size of the market.
- Assisting in providing the extra guidelines on export- import policy.
- Arbitration guidelines and assisting in Do’s & Don clause in contract/Mou’s
- Interaction and Co-ordination with the ministry of Commerce/Ministry of External affairs, Ministry of Industry/ Export-Import Bank and other organization for their guidance & support.