The purpose of the World Academy of Economic Diplomacy is to be an international training center for economic attachés and employees of bilateral chambers of commerce. Its goal is to create an academic research hub within this academy. The main objective of this academic research hub will be to identify the means and methods of economic cooperation between governments and international trade organizations. The World Academy of Economic Diplomacy will offer training programs for economic attachés and employees of bilateral chambers of commerce. To achieve this goal, the academy aims to: organize conferences, seminars, formal and informal meetings with members of the academy, bilateral chambers of commerce, the diplomatic world community, and third parties to optimize and develop the activities of economic attachés and diplomats; publish and distribute its own publications; create an interface between academy members and the institutions of the European Economic Area, the EU, and more; advise natural and legal persons, whether or not they are members of the academy, to develop and implement suitable projects for the environment of the international diplomatic community and for all subsequent events, and to advise in relation to the academy in accordance with its recommendations, in accordance with its subject matter and within the limits of this statute; cooperate with individuals and companies, public and private institutions, NGOs, to achieve its goals and objectives; initiate and support programs and projects of interest to the international diplomatic community.