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Trade facilitation policy for MSMEs
For many MSMEs, navigating the complexity of doing business globally while maintaining acompetitive edge requires the development of new skills and knowledge, as well as the ability todraw on a trusted network of skilled professionals and consulting services with the requiredcompetencies to support their business growth
Many of these businesses have significant international growth potential from day one of theiroperations and are essentially ďborn globalĒ. Competing on a global scale from the outset means it isimperative that these businesses enjoy access to support networks and an ecosystem that allowsthem to take advantage of new opportunities.
HOW TRADE FACILITATION AND DIGITALISATION EMPOWER MSMES
Trade support services that are geared to areas such as trade finance, logistics and supply chainmanagement, and customs and freight forwarding have traditionally seen low levels of participationby MSMEs.At times this is because MSMEs lack to initiative to take advantage of the support on offer, and attimes it can be the result of a disinclination by service providers to assist smaller and especiallymicro-sized businesses. This needs to change.A core component of facilitating greater MSME participation in global trade is not only to ensurethat they are not disadvantaged from a trade facilitation perspective, but that they are activelysupported in terms of engaging in a broad spectrum of trade activities.This is where the Trade Facilitation Agreement and the overall shift to greater digitalisation can be ofsignificant value to MSMEs trading cross borders, in that they allow MSMEs to enjoy:
NOTES ON AEO PROGRAMS: BENEFITS AND CURRENT STATUS
IDEAS FOR THE WTO FRIENDS OF MSMES COMMITTEE