The importance of SME's and access to e-commerce solutions in the global supply chain

It is generally accepted that large companies secure the most significant benefits from trade, even though small and medium-sized enterprises (SMEs) represent the largest proportion of businesses in the economy and are often described as the real contributors to growth and innovation.

This is especially the case in our region, where there are specific initiatives that could advance the interests of SMEs in the supply chain.

Even as the world’s attention is drawn to events including the Eleventh WTO Ministerial Conference (MC11) in Buenos Aires, Argentina and the announcement of a proposed free trade agreement (FTA) between the EU and Japan, there also is growing acceptance of the importance of small and medium enterprises (SMEs) globally.

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This article by Andrew Hudson was first published by Air Cargo Asia-Pacific Magazine. 

Note: This article was written before the developments at the WTO MC11 which included initiatives to support micro, small and medium-sized enterprises (MSME) and future negotiations on e-commerce