During 2005 opportunities were identified and businesses became a reality. Businesses that contributed to VenAmCham's growth and economic development, thanks to the implementation of

strategies that contributed to a better positioning of the Chamber's main products.

By strictly following this action which sought to reduce expenses carefully and aimed at managing financial resources with a more sensible approach, VenAmCham is considered to be a financially solid Chamber. It is important to highlight that the reduction of expenses was always consistent with the criteria to support and enhance human and financial resources, thus allowing the Chamber to overcome the economic challenges of this period successfully.

The Management and Finance Department exceeded the goals set in the budget for 2005 by maintaining a solid financial structure with enough reserves in case of any contingency that may arise in the coming years.

Committed to ensuring the current positioning of the Venezuelan American Chamber of Commerce and Industry, we will (enhance, keep?) the strategic strengths by developing specific areas for excellence by way of competitions and capacities