Asia-Pacific Trade Facilitation Report 2019: Bridging Trade Finance Gaps through Technology
This report reviews the progress of trade facilitation in Asia and the Pacific. It looks at recent trends in paperless trade and transit facilitation and the impact of trade facilitation initiatives on trade costs. The Global Survey on Digital and Sustainable Trade Facilitation shows significant progress toward streamlining trade procedures in the Asia and the Pacific. In South Asia, the average implementation rate of trade facilitation procedures in 2019 is at 55.4%. The report features a special chapter on how trade finance gaps—especially prevalent for small and medium-sized enterprises—can be bridged by technology.
Author: Asian Development Bank and United Nations Economic and Social Commission for Asia and the Pacific
Tags: Small and Medium Enterprise, South Asia, Trade Facilitation
SME Guide to Value Chains
This is a guide for small and medium enterprises (SMEs), providing insights on entering international value chains and building business relationships. It discusses compliance with standards and regulations, contractual relationships, production and performance management, and strategies for diversification. It features success stories of small companies from India and other countries, illustrating how these companies became regional or global leaders.
Author: International Trade Centre
Tags: Global Value Chains, India, Small and Medium Enterprise
SME Competitiveness Outlook 2017 – The Region: A Door to Global Trade
The most common form of trade for small and medium-sized enterprises (SMEs) is regional trade. This report shows that regional trade agreements deliver inclusive growth, attracting value chain activity and fostering competitiveness for small firms. It provides advice for policymakers, businesses, and trade and investment support institutions. The report also includes 50 country profiles—including those of Bangladesh, Bhutan, India, Nepal, and Sri Lanka—showing SME competitiveness and export potential by region.
Author: International Trade Centre
Tags: Small and Medium Enterprise, Trade, Bangladesh, Bhutan, India, Nepal, Sri Lanka
Trade Facilitation and Paperless Trade Implementation in Asia and the Pacific - Regional Report 2017
Paperless trade reduces trade costs and enables trade to drive growth and sustainable development. This report shares results of the global survey on trade facilitation and paperless trade implementation, covering 44 countries in Asia and the Pacific. It covers 47 trade facilitation measures, including those involving general trade, paperless trade, cross-border paperless trade, transit, and trade for small and medium-sized enterprises. The report gives an overview of trade facilitation implementation in South and Southwest Asia, and includes Bangladesh, India, and Myanmar in its analysis of transit measures in Asia and the Pacific.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: UNESCAP, Bangladesh, India, Least Developed Countries, Maldives, Myanmar, Small and Medium Enterprise, Trade Facilitation Agreement, Transport Facilitation, WTO
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
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
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
Tags: Small and Medium Enterprise, Trade Facilitation, Trade, UNESCAP, Small and Medium Enterprises, India, Nepal