The Heads of Delegations representing the Members of the WTO as part of the Informal Working Group on MSMEs, released a draft declaration on Micro, Small and Medium Sized-Enterprises (MSMEs)
The Informal Working Groups on MSMEs have acknowledged that promoting the participation of Micro, Small and Medium-sized Enterprises (MSMEs) in international trade is an important issue in the WTO agenda, all the more considering the significant negative impact that the COVID-19 pandemic has had including on MSMEs, as well as the contribution that the WTO can make to support the global recovery; Reaffirming the pledge, as contained in the Joint Ministerial Statement at Buenos Aires, to address obstacles related to foreign trade operations that represent a significant burden for MSMEs interested in participating in international trade.
The Informal Working Groups on MSMEs reiterated resolve to favour horizontal and non-discriminatory solutions which are likely to yield benefits for the participation of MSMEs in international trade, taking into account the specific needs of developing countries and least developed countries; Building on the work of the WTO Informal Working Group on MSMEs since the 11th WTO Ministerial Conference that took place in Buenos Aires, Argentina, in December 2017.
You can download the statement here >
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