Rashid S Kaukab, Executive Director, CUTS International, Geneva
Informal economy including informal trade is thriving in North Africa, raising many challenges such as unfair competition, unsafe consumption, and adversely impacting Government's revenues and resources. It also has effects on SMEs that are a major component of North African economies, and a vector of growth and inclusiveness. The governments and SMEs in the region are aware of the challenges and trying their best to meet them. However, comprehensive, effective and sustainable solutions will require deeper and broader understanding of the causes and implications as well as support by all concerned including international organisations and experts.
This session will discuss the links between informal trade and development prospects including SME's outlook with a view to finding holistic approaches towards trade inclusivity with focus on a region that is going through difficult times. The objective is to find ways to enhancing inclusivity and development through trade. This will be achieved by bringing together governmental and SME representatives from the region and the international experts and academics for an interactive and outcome- oriented session