The Small and Medium Enterprises Development Authority (SMEDA)will implement the government-recommended e-commerce regulatory framework.
The move will promote the establishment of digital platforms for SMEs and facilitate access to online markets, both at local and international levels.
Addressing a joint meeting of SMEDA and the Trade Development Authority of Pakistan (TDAP) officials, SMEDA CEO, Hashim Raza, briefed the TDAP team about SMEDA’s current initiatives.
He updated the meeting attendees on the regular activities for the facilitation of SMEs.
Raza also assured to share a proposal for the development of the e-commerce sector in Pakistan.
TDAP and SMEDA decided to work together to fill the marketing gap created due to the coronavirus pandemic.
The attendees also suggested arranging online platforms for SMEs involved in exports.
In this regard, SMEDA is busy developing the government-recommended e-commerce regulatory framework to incentivize the establishment of “Online market places for SMEs,” he said.
TDAP Secretary, Ahsan Mangi, said the authority was actively working to improve the local market access of small businesses and cottage industries in remote areas, for which the authority will arrange regular trade fairs and exhibitions in all the major cities of Pakistan.