EU ready to assist Belarus with SME development – BelTA

Andrea Wiktorin. An archive photo

MINSK, 15 March (BelTA) – The European Union is ready to provide all-round support to Belarus in developing small and medium-sized enterprises (SMEs), Head of the European Union Delegation to Belarus Andrea Wiktorin said at the presentation of the peer review project Upgrading SME Capacity Through Business Support Services in Belarus on 15 March, BelTA has learned.

Andrea Wiktorin emphasized the urgency of the subject matter, since the non-public sector plays an important role in ensuring employment of the population and improving the competitive edge of the economy. The potential of private companies is not fully utilized in Belarus so far.

“Today we have launched a roadmap of reforms developed by experts working with the Organization for Economic Cooperation and Development (OECD) with the support of their colleagues from the European Bank for Reconstruction and Development (EBRD), the World Bank, and the business community. Such cooperation resulted in recommendations on key aspects of SMEs, including the provision of entrepreneurship support services. The recommendations have been welcomed by the government and reflected in program documents,” Andrea Wiktorin said.

The European Union will continue working to implement similar projects designed to improve the business environment, eliminate administrative

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