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SMEDA Mulls to Implement E-Commerce Regulatory Framework for SMEs

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The Small and Medium Enterprises Development Authority (SMEDA) is going to implement the Government recommended e-commerce regulatory framework to incentivize the establishment of Digital Platforms for facilitating SMEs in accessing online markets both at local and international level.

It was disclosed by CEO SMEDA Mr. Hashim Raza, while addressing a joint meeting of SMEDA and TDAP officials. Secretary TDAP Ahsan Ali Mangi headed the TDAP team on this occasion.

CEO SMEDA briefed TDAP team about SMEDA current initiatives and regular activities for facilitation of SMEs and assured to share a proposal for development of E-Commerce sector in Pakistan. He further said that both TDAP and SMEDA should work hands in gloves to fill the marketing gap created duet to Corona pandemic for Pakistani exports and suggested to arrange online platforms for SMEs dealing in exports. In this regard SMEDA is busy in developing the Government recommended e-commerce regulatory framework to incentivize the establishment of ‘Online Market Places for SMEs, he said.

Secretary TDAP Ahsan Mangi informed CEO SMEDA that TDAP was actively working for improving local market access of small businesses and cottage industries in remote areas, for which regular trade fairs and exhibitions in all the major cities of Pakistan would be arranged. For instance, exhibition for Light Engineering sector is planned for October 2021, he said and requested, SMEDA CEO to share the information among SMEs in Light Engineering sector.

He assured to organize and facilitate the participation of small firms in international fairs and exhibitions on subsidized rates. The SME firms can also be hired for organizing, marketing and exhibiting products at international trade fairs, he added.

Secretary TDAP also requested SMEDA CEO to share training areas and identify SMEs with a potential to grow. TDAP will work on providing customized training and handholding service for them for a duration of up to 03 years until they graduate.— PRESS RELEASE