SAN MARINO – A delegation from the San Marino Union of Commerce and Tourism (USC) met in recent days with representatives of the International Monetary Fund (IMF) for a discussion on the role of small and medium-sized enterprises in the San Marino economy and on the main critical issues that affect their activity.
During the meeting, the weight of trade was underlined, considered a fundamental component for the stability of the entire economic system of the Republic. Among the topics addressed also the projects currently under examination by the institutions and not yet started, for which the USC highlighted the need to move quickly to the operational phase.
The delegation also recalled the importance of improving the collection and analysis of economic data, expanding the information available to allow more effective planning of interventions.
Ample space was dedicated to the daily difficulties of San Marino SMEs, including limitations in access to services and the banking system, the small size of the catchment area and the operational obstacles in foreign trade, in particular with neighboring Italy.
In light of the recent signing of the Association Agreement with the European Union, the USC appeals to the institutions to ensure that the agreement translates into concrete opportunities for businesses, especially in terms of international operations.
The association also hopes for the timely launch of the legislative interventions necessary to support the growth, innovation and strengthening of San Marino companies.
