Committee on Small and Medium-Sized Enterprises Sample Clauses

Committee on Small and Medium-Sized Enterprises. 1. The Parties hereby establish a Committee on Small and Medium- Sized Enterprises under the Joint Committee, which shall comprise representatives of the Parties. 2. A Committee composed of representatives designated by the Parties will be established to formulate, implement, coordinate, and monitor the collaborative activities determined under this Chapter. 3. The members of the Committee shall consist of representatives from the government departments of each Party responsible for SMEs development and, when necessary, SME representatives. 4. The function of Committee is to develop and discuss the possible areas of cooperation agreed upon by the Parties, coordinate and monitor the implementation of action plans for the agreed cooperation based on this Chapter, and consider issues of mutual interest arising from the implementation of this Chapter. 5. The Committee meetings will be held as and when necessary on mutually agreed dates in the Indonesia and UAE. 6. The Committee shall report periodically to the respective Ministers in each Party who are responsible for SMEs development.
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Related to Committee on Small and Medium-Sized Enterprises

  • Small and medium-sized enterprises 1. The Parties will promote a favourable environment for the development of the small and medium enterprises (SME) on the basis of strengthening of the relevant private and governmental bodies, as well as the exchange of experiences and good practices with the SME. 2. Cooperation shall include, among other subjects: (a) the designing and development of mechanisms to encourage partnership and productive chain linkage development; (b) development of human resources and management skills to increase the knowledge of the Chinese and Peruvian markets; (c) defining and developing methods and strategies for clusters development; (d) increasing access to information regarding mandatory procedures and any other relevant information for an SME exporter; (e) defining technological transference: programs oriented to transfer technological innovation to SME and to improve their productivity; (f) increasing access to information on technological promotion programs for SME and financial support and encouragement programs for SME; (g) supporting new exporting SME (sponsorship, credits and guarantees, seed capital); and (h) encouraging partnership and information exchange for SME financing institutions (credits, banks, guarantee organizations, seed capital firms). 3. Cooperation shall be developed, among other activities, through: (a) information exchange; (b) conferences, seminars, experts dialogue and training programs with experts; and (c) promoting contacts between economic operators, encouraging opportunities for industrial and technical prospecting.

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