|World Trade Report: Levelling the Trading Field for SMEs|
Participation in international trade, once exclusive, can progressively become more inclusive. But while new opportunities are opening up for small to medium-sized enterprises (SMEs), old barriers to international trade remain. This report highlights national and international policy actions that would enhance the ability of SMEs to participate in world markets more effectively. It says that for open trade and global integration to fully benefit everyone, it is crucial to ensure that all firms—not just large corporations—can succeed in today’s global marketplace.
Author: World Trade Organization
Download - 3.8 MB
Tags: Trade, WTO, Small and Medium Enterprise, Global Value Chains
|Removing Obstacles to Low Value Consignments (Trade Insights: Issue No. 18)|
Diffusion of digital technology and digitalization of products and services are allowing developing country small and medium-sized enterprises (SMEs)—which generate the majority of employment, especially in landlocked developing countries such as Nepal—to become globally competitive and participate in international trade. However, several barriers continue to hinder developing country SMEs to maximize benefits of cross-border digital trade. This publication recommends critical actions, including raising de-minimis thresholds; reducing Customs document requirements; developing low-cost and efficient transportation, delivery services, telecommunications and broadband networks; and establishing a legal framework that enhances conduct of online transactions. Additionally, neighbors in the region must coordinate and work together to build the required infrastructure, and to allow for mutual recognition or harmonization of systems, procedures, enforcement mechanisms and laws affecting digital trade.
Author: Pascale Bourquin and Adam Heal
Download - 3.91 MB
Tags: Small and Medium Enterprise, Nepal, ICT, Customs, Trade Facilitation
|Making the WTO Trade Facilitation Agreement Work for SMEs|
Small and Medium Enterprises (SMEs) comprise 95% of enterprises worldwide and provides at least two thirds of private sector employment. However, when it comes to international trade, SMEs experience limited capacity in dealing with the complex administrative and regulatory procedures associated with moving and selling goods across borders. This book fills a gap by providing a reference for articles of the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) that are particularly beneficial to SMEs, and identifies examples of SME-specific programs, measures and interventions that can support the implementation of such provisions. It proposes mainstreaming relevant elements of the WTO TFA in existing SME policies and initiatives, to ensure that it contributes toward internationalization of SMEs.
Author: UNESCAP, UNNExT, and ITC
Download - 1.24 MB
Tags: Small and Medium Enterprise, Trade Facilitation, Trade, UNESCAP, Small and Medium Enterprises, India, Nepal
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