Thursday, November 02, 2017

Boosting International Trade for Small Businesses

©iStock/monsitj
The World Trade Organization (WTO) says that helping small enterprises enter global markets "will go a long way to making the trading system more inclusive and improving the lives of individuals and communities around the world.”

WTO seeks to open trade opportunities for small firms.  Some of the biggest challenges for them on international trade include but are not limited to:
  • Lack of appropriate information and skills
  • Lack of trade finance
  • Burdensome customs procedures
  • High fixed costs
Read more about how the World Trade Organization wants to raise the voice of small enterprises in trade and enable them to prosper across borders.

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