European small and medium sized enterprises (SMEs) should better profit from fast growing emerging markets, such as in China, India, Russia or in regions like South East Asia and Latin America. This is the key issue to overcome the crisis addressed in the European Commission communication ‘Small Business, Big World – a new partnership to help SMEs seize global opportunities’.
Only 13% of the European SMEs are engaged in international business outside EU through trade, investment and other forms of cooperation with foreign partners. The Commission is working to establish a more coherent and effective EU strategy for supporting SMEs in international markets. This could be achieved by reinforcing business support services, improving the coordination and use of existing resources including the Enterprise Europe Network.
Visit the European Commission’s SME pages for more details
