Publication

SME Competitiveness Outlook Meeting the Standard for Trade Executive Summary

Standards and regulations have a major impact on SME competitiveness.

By meeting the standard for trade, the theme of this year’s SME Competitiveness Outlook report, SMEs increase their chances to connect to international value chains and consumers in a socially and environmentally sustainable manner. The report contains: governance insights for voluntary sustainability standards; new evidence on how standards and regulations affect trade and business performance; guidance for SMEs on how to select and implement standards and regulations; and a policy action plan to strengthen SMEs’ ability to meet standards and regulations.