COMESA BUSINESS COUNCIL & SMEs

COMESA BUSINESS COUNCIL & SMEs
Supporting the Development and Growth of Small Businesses in the COMESA region

Thursday, September 11, 2014

The workshop report for the TradeMark East Africa convened SME Platform Exploratory Meeting.


This follows the workshop that was recently held with SME representatives and other BMOs from across the region. The main agenda was to agree if indeed there was a need to set up a regional platform to address SME issues/challenges which included: 
1.            Transport and Logistic services in East Africa and Non-tariff measures affecting growth                 of SMEs.
2.            How to improve SME export capacity and the role of trade facilitation organizations in increasing the competitiveness of export oriented SMEs.
3.            Policy requirements for enhancing competitiveness of SMEs in East Africa.
4.            Role of Innovation and Technology in improving SME Competitiveness. 
Importantly, the participants agreed that there needs to be a structured support programme for addressing SME related issues. They however agreed that there needs to be careful due diligence to ensure duplication of efforts is mitigated. Below please see the recommendations that were adopted at the end of the meeting: 
1.            The participants agreed to the formation of an SME platform with a caution that it must specifically be tailor-made to meet the SME needs at the regional level, arising from each of the EAC Partner States.
2.            The platform should not replace the existing entities, but can spread/share knowledge on best practices, depending on the roles that will be assigned to the platform.
3.            TMEA should facilitate a SME assessment/research to document the mandate of existing SME associations/organizations in the region, identify best practices and also to establish the viability of setting up an SME platform that is sustainable.
4.            It was noted that, the East African Charter in Article 125(4) makes provision for a dialogue framework. However, it was agreed that creating a platform would not threaten the position of the EABC or its activities.

TradeMark East Africa is currently following this up with internal consultations on the best way forward and gather more information on how best to structure and effective advocacy vehicle for the SMEs