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WCF's role and responsibilities have been mapped out within its Bylaws.

These were first drafted by ICC's chamber members upon its foundation as International Information Bureau of Chambers of Commerce (BIICC) in the 1950s. They were updated most recently in 2001 following the name change from IBCC to WCF.

WCF's mission is :

to encourage cooperation between chambers throughout the world

to provide a forum where leaders of chambers can communicate with each other and collaborate on matters of mutual interest, whether in solving problems or realizing opportunities

to promote the concept of chambers as essential intermediaries between business and government, and between business and the general public

to facilitate the role of chambers as local business support agencies

to promote collaboration between chambers so as to extend the range and improve the effectiveness of the services that chambers provide

to ensure the administration of the international customs guarantee chain set up for the operation of the ATA Carnet System functioning under the ATA Convention and/or the Istanbul Convention of the World Customs Organization (WCO), and of any other chamber-based international surety chains which may be set up

to assist upon request, the establishment of chambers or the strengthening of existing chambers, especially in developing countries and emerging economies

to encourage chambers and their members to cooperate in activities of ICC

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