The Palestine Working group on SME internationalization has met this week to discuss the roadmap and potential activities presented by the EU-funded MED MSMEs Programme experts.
Several areas of intervention were suggested based on an analysis of international trade activity in Palestine, the impact of COVID-19, and policy framework for SME exports. Examples of suggested activities include digitalisation and exports, setting up export credit, guarantee and insurance facility, market diversification and GvC integration.
The discussions that followed highlighted important topics such as updating the National Export Strategy, exporting digital services, developing «green products», supporting the tourism sector and establishing a favourable business climate.
The MED MSMEs team will integrate the feedback from all discussions in its revised version of the roadmap that will be discussed, fine-tuned and finalized in the next WG meeting.
In line with the elaboration of policies for inclusive growth in the EU Southern Neighbourhood, the EU-funded MED MSMEs Programme (2018-2022) builds on a national participatory approach, international best practices and regional initiatives to foster the formulation and implementation of integrated policies and instruments supporting the development of MSMEs.
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