The Federation of Small Businesses has called on the World Trade Organisation (WTO) to adopt a comprehensive work programme for micro, small and medium enterprises.
‘Trading Forward: A Small Business Plan for the World Trade Organisation’ focusses on the best ways to deliver and ensure that international trade and trade policy works for the smallest businesses.
The FSB calls for WTO members and the WTO as an institution to make the international trading system fit for small firms in order to help them achieve their international trade ambitions.
Federation of Small Businesses (FSB) National Chairman Mike Cherry, commented, “The global trading system is currently in the midst of an unprecedented period of uncertainty caused by increasing levels of protection, the introduction of non-tariff barriers as well as continuing global uncertainty.”
“All of this provides the perfect storm which could negatively impact small firms not only in the UK but across the globe. This is the moment for national governments and for bodies such as the WTO to return to an open and free trading environment that works for all, including micro, small and medium enterprises.”