What are the primary responsibilities of the Chamber of Commerce in the Cayman Islands?

The primary responsibilities of the Chamber of Commerce in the Cayman Islands are centered around advocacy and promoting the interests of the business community. This includes providing a collective voice for businesses, engaging in dialogue with government institutions, and influencing policy decisions that affect the local economy. The Chamber works to foster an environment conducive to business development, which involves supporting various sectors, networking opportunities, and promoting entrepreneurial activities.

This role is crucial in a small island economy like the Cayman Islands, where collaboration among businesses is essential for growth and sustainability. While other options mention activities important to the overall functioning of the islands—like real estate regulation, government policy implementation, and tourism management—these are not the primary focus of the Chamber of Commerce. Instead, those activities may fall under the jurisdiction of respective government departments or different organizations.