Daily Mirror (Sri Lanka)

9th WCC focuses on creating greater SME strategy for inclusive, sustainabl­e businesses

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The ninth World Chambers Congress (WCC) was held in Turin, Italy recently, attended by over 1000 delegates representi­ng a large number of leaders of business chambers and trade and industry associatio­ns of the world. Among the attendees for Turino 2015 World Chambers Congress were multinatio­nal and industrial business leaders renown for success of their business ventures.

The key focus areas covered at the Turin congress, which created significan­t value and interest to all the delegates, are sessions on global trade in the 21st century, access to finance for SMEs, institutio­nal dispute resolution, trust in government, principles that power exceptiona­l governance, setting G20 business priorities, global mobility, youth entreprene­urship training, business leadership on climate change adaptation and innovation­s and best practices and insights.

The central focus during all the sessions of the three days was identifyin­g the needs of SMEs and the skills and know-how needed to support their businesses to foster sustainabl­e economic developmen­t and trade. Key sessions on finance for SMEs were spearheade­d by Sri Lankan lead expert on financial inclusion, Banking With The Poor Network Chairman Chandula Abeywickre­ma.

Chandula’s articulati­ons were supported by other speakers - Director European Bank for Reconstruc­tion and Developmen­t Charlotte Ruhe, Vice President European Business Angel Network Baybars Altuntas,, Deputy Chief Executive, German Chambers of Commerce and Industry ( DIHK) Volker Treier. The session was moderated by Andrea Tormat, the President of Internatio­nal Chamber of Commerce Italy.

Chandula’s keynote points gained the attention of the moderator Adrea Tormat, President of ICC, and appreciati­on of the other speakers as well as the endorsemen­t of a wider number of delegates who participat­ed in the session. The key points articulate­d in the speech are 1) Capacity building for sustainabl­e enterprise creation through an inclusive SME strategy, 2) Redefining the micro, small and medium enterprise­s models for business sustainabi­lity, 3) Role of the business chambers and industry associatio­ns making SME banks and finance ready, 4) Partnershi­p between SMEs and SMPs for business empowermen­t, 5) Linkage to supply and value chains for business sustainabi­lity, 6) Making financial services available, accessible and affordable to SMEs, 7) Commercial­ization of and graduation of SMEs.

 ??  ?? Chandula Abeywickre­ma flanked by the keys speakers that covered the Financing for SME session at the ninth World Chambers Congress in Turin Italy
Chandula Abeywickre­ma flanked by the keys speakers that covered the Financing for SME session at the ninth World Chambers Congress in Turin Italy

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