Advantages of entering CPTPP, SMEs Sample Clauses

Advantages of entering CPTPP, SMEs. This is the first stand-alone chapter on SMEs that New Zealand has negotiation as part of an FTA. New Zealand SMEs interested in exporting to new markets or participating in global supply chains would benefit from this chapter in a number of ways. They are more likely to become aware of the opportunities created by the Agreement and would be able to access information on a Party’s domestic laws and regulations more easily and faster than at present. Note that any CPTPP members not yet making this information available are most likely to publicise it fully, so this informational benefit would accrue to New Zealand businesses regardless of whether or not New Zealand enters CPTPP. Entering CPTPP would allow New Zealand to influence the SME Committee’s sharing of knowledge and best practices in line with New Zealand’s interests. This would assist with the design and implementation of programmes in CPTPP economies which support the internationalisation of SMEs, including through better equipping them to effectively participate in global supply chains. Government would incur a small cost in establishing and maintaining online information about the Agreement.