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Italian SME Confederation Looks to Contribute to Development in North Africa

Italian SME Confederation Looks to Contribute to Development in North Africa
Monday, 17 December 2018

Small and Medium Enterprises play a key role in the advancement of almost every economy throughout the world, not only for the obvious economic reasons, but also for generating social development (such as employment and social cohesion) as well as governance improvement (like boosting better regulation, corruption reduction and public services) [1].

The potential that SMEs have for development is increased by the opportunities of exchange at an international level, enabling synergies and the transfers of knowledge. Countries at both sides of Mediterranean Sea share similar challenges but, at the same time, they possess complementary material and non-material assets. The European Union provides several strategic, technical, and financial frames in addition to a variety of tools to support the exchange and mutual development of businesses and industries in south European Countries with their Mediterranean neighbours. That is the case of the Union for the Mediterranean (UfM) industrial cooperation, which has recently approved its Work Programme 2018-2020 [2].

A recent case of cooperation between south and north Mediterranean is the agreement between the Italian Confederation of Micro, Small, and Medium-Sized Enterprises, Confimprese Italia, and the Delta Center in Tunis. Confimprese is opening a technical assistance centre for associated businesses at the Delta Center. Both Italian and Tunisian authorities attended the signing ceremony on 19th November recognizing the importance and the good contributions that this presence could provide to their markets and companies in terms of finding new business opportunities and collaborations in sectors such as renewable energy, farming, engineering, construction, robotics, and aeronautics. [3]