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The Advisory Board for SMEs on foreign trade is created

The Advisory Board for SMEs on foreign trade is created

The Ministry of Economy created a body that will advise small and medium-sized companies on imports, given that the successive obstacles make operations more complex.

Commerce secretary

The Ministry of Economy created the Foreign Trade Advisory Board for Micro and Small Enterprises (SMEs) within the scope of the Ministry of Commerce.

The agency’s objective will be to provide an advisory and assistance service to this segment of companies regarding imports and provide them with answers on the procedure that must be carried out in order to carry out an import operation.

In order to access the Foreign Trade Advisory Board for Micro and Small Businesses, the user must register on the microsite that will be created by the Secretariat through the relevant agency, and can subsequently access a support and advice system. with personnel from the competent area depending on the matter on which the query falls.

The interested party must provide the information and documentation that is required through the aforementioned microsite in digital format, including supporting documentation that accounts for the FOB value of the import operation to be carried out.

This table is created within the framework of the current import stocks, which makes import processes very complex as a result of the obstacles implemented to protect the dollars from the Central Bank reserves, trying to avoid the outflow of foreign currency to pay for non-essential imports. for economic activity through the official exchange market.

It turns out that SMEs usually have smaller structures than other categories of companies, which often makes it difficult for them to comply with the repeated regulatory changes to adjust to the stocks to avoid new leaks of dollars.

Source: Ambito

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