We recognize the importance of the role of small and medium size enterprises (SMEs) in the economic growth of individual countries and the region as a whole. We commit to undertake measures to strengthen the growth of SMEs, including women entrepreneurship, and enable their expansion across borders into other countries of the region. To realize these objectives, we task the members of the Trade, Commerce and Investment Opportunities CBM to explore measures, such as simplifying customs procedures, exchanging information on regional markets and addressing tariff and non-tariff barriers, and submit a report to the Senior Officials Meetings, so as to take these ideas forward for implementation.
Confidence Building Measures