More than 70% of SMEs in Argentina are unaware of the instruments created by the WTO to protect companies from unfair competition, according to a survey by the Fundación Observatorio PyMe.
The study reveals that, on average, only 28% of small and medium-sized enterprises are aware of the fair trade tools available to them by the WTO, and that only 12% of companies plan to make a claim against another company (7% through associations and 5% would do so individually).
Above the general average, the SMEs that are most familiar with the tools are those in the industrial branches dedicated to auto parts (63%), electronics manufacturing (46%), glass, ceramics and non-metallic minerals (45%), textiles and clothing production (35%), rubber and plastic production (30%) and finally common metals (30%).
Which worse are They are the companies dedicated to the production of machinery and equipment (27%), paper, publishing and printing (27%), those of chemical substances and products (25%), those that manufacture furniture (25%), and finally those dedicated to the production of food and beverages (1%).
The survey also sought to determine how many SMEs lost market share due to the increase in imports. 28% of those surveyed indicated that they lost market share.
Source: The Chronicler
#SMEs, electronic commerce and investment facilitation, topics that we proposed to more than 40 countries to add to the agenda #WTO #Marrakech pic.twitter.com/YFFgfPpzGd
— Francisco Cabrera (@cabrerafran) 9th October 2017
Aduana News is the first Argentine customs newspaper to launch its digital version. With 20 years of experience, its publications and initiatives aim to provide the most relevant knowledge on customs issues in order to contribute to safe trade in the region.
