June 27, 2018

World MSME Day: DG Azevêdo cites WTO members’ progress in helping small businesses

Addressing a workshop organized by the Informal Working Group on MSMEs (micro, small and medium-sized enterprises) on world MSME Day (27 June), Director-General Roberto Azevêdo said that efforts by many WTO members have brought the MSME perspective to the fore. He cited progress in working with partners to increase trade finance opportunities for MSMEs. He also highlighted how implementation of the WTO’s Trade Facilitation Agreement will ease small businesses’ participation in global markets by cutting trade costs and reducing administrative burdens.

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