The Bolivian-American Chamber of Commerce (BACC), headquartered in New York City, was founded in 1983 by a group of leading attorneys, businessmen, and corporate executives under the leadership of Sergio Palacios of Hills, Betts Nash LLP.

The Chamber was established as an independent, private, non-partisan, business membership organization aimed at fostering and promoting trade, commerce and investment between Bolivia, the U.S. and global markets, as well as forging closer ties between the business communities of both countries. The BACC strongly believes that free markets and private enterprise offer the most effective means to achieve economic growth, prosperity, and social equity.