Authorities Promote Exporting Consortia

In Costa Rica recommendations have been made for the creation of a Law for the Promotion of Competitiveness of SMEs including promoting Consortia for Exporting.

Tuesday, May 28, 2013

From a press release from the Ministry of Economy, Industry and Trade of Costa Rica (MEIC):

The Ministry of Economy, Industry and Commerce (MEIC), through its International Cooperation Department, in conjunction with the United Nations Industrial Development Organization (UNIDO), has conducted a round table meeting in order to promote the development of the "Law for the Promotion of Competitiveness of SMEs through the model of Consortia in Costa Rica".

The importance of the formation of production networks among micro, small and medium entrepreneurs, especially in rural regions of the country, is in the promotion of integration and competition as a block in the national and international market.

In this sense, it seeks to encourage the development of MSMEs, through a modern legal instrument, which is streamlined and efficient, and promotes business associations to the benefit of competitiveness, employment generation, development and technological innovation, among other things.

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