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Industry and trade, Information and Communications Technology, Private sector development

Expanding trade opportunities for SMEs in Asia and the Pacific

By . Posted September 19, 2019
Expanding trade opportunities for SMEs in Asia and the Pacific
Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They already account for over 95% of all businesses in Asia and employ an estimated 60% of the region’s workforce (Mastercard and the Economist Intelligence Unit 2019). Hence, helping SMEs grow can translate directly into economic and workforce expansion.