Small and medium enterprises (SMEs) represent a rapidly growing sector of the U.S. economy – creating 30 million new jobs, according to the Office of the U.S. Trade Representative. Exporters benefit from even faster growth, create more jobs and pay higher wages. Yet SMEs, which account for 99 percent of U.S. businesses, represent a mere 13 percent of the total U.S. export value.
The latest communication from the Global Air Cargo Advisory Group (GACAG), a body which packs in all the heavy hitters involved in the supply chain, from forwarding agents to airlines, makes very plain the views of the air cargo industry regarding the recently stalled Doha Round of trade negotiations held under the auspices of the World Trade Organization (WTO) and specifically designed to lower trade barriers and simplify processes, particularly to allow two way market access to developing countries.