An all-volunteer organization, AGBC provides a forum for the discussion of national and international commercial relations and ideas. AGBC supports free trade, the sharing of ideas benefiting both countries, and personal interaction between business people within Germany. The AGBC is open to all nationalities who support its goals. The American-German Business Club was founded in 1964 in the American Embassy Club in Bonn by a group of American businessmen. Little did they realize their "Luncheon Group" would evolve into a national organization benefiting hundreds of American and German business people in Germany, and significantly promoting international cooperation between our two countries. Today, the AGBC Bonn e.V. is a private, non-profit, international organization. Besides Bonn, there are several other AGBC Chapters: Duesseldorf, Frankfurt, Hamburg, Heidelberg, Kaiserslautern, Munich, Saxony, Stuttgart, and Wiesbaden-Mainz.