B20 focuses on providing financial support for SMEs: Al-Benyan

20/11/2020 Argaam


B20 focused on small and medium-sized enterprises (SMEs), due to their great contribution to the economic development, accounting for more than 60% of the business volume around the world, Al Eqtisadiah newspaper reported, citing the group's chairman Yousef Al-Benyan.

 

He called for providing financial support for SMEs and allowing them to access a specialized technical infrastructure.

 

Al-Benyan also highlighted the importance of intra-state trade to support the global GDP and help countries boost the value of intra-trade.

 

He noted that cooperation became necessary, particularly during the COVID-19 pandemic that impacted the business community and social life, as several countries closed their borders, affecting the flow of services and products around the world.

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