SME Chamber participated during a conference by the Malta Sustainability Forum organised by APS Bank
17 November 2022
The discussion focused on the Voluntary Occupational Retirement Pension SME Chamber Vice President, Michael Galea,...
The General Assembly was addressed by the Vice-President of the European Commission, Maroš Šefčovič
Malta Chamber of SMEs President Mr Paul Abela, participated during SMEunited’s Administrative Council and General Assembly as Vice President of the SME’s umbrella organisation in Europe with around 65 member organisations from over 30 European countries.
The General Assembly was addressed by the Vice-President of the European Commission, Maroš Šefčovič.
In their conclusions, SMEunited members called for a speedy recovery that can support the twin transition. Moreover, they ask for a better regulatory environment and skills development as prerequisites for SMEs’ competitiveness.
– Concretely, SMEunited members stressed that National Recovery and Resilience Plans should include the necessary reforms to improve investment attractiveness, the quality of public services and the efficiency of administrations.
– Secondly, on the “Fit for 55 Package”, they urge the EU institutions for a regulatory environment which ensures competitiveness, a level playing field, predictability for investors and which encourages innovation.
– In addition, SME organisations focus on life-long learning and continuous training, as key factors to increase the employability of people and the competitiveness of companies. These programmes are best designed and implemented at national, regional and/or sectoral level in close cooperation with social partners.
– As a fourth element, SMEunited members raise the issue of fairness when it comes to relations with digital platforms, emphasising access to data.
– Finally, SMEs demand Smart regulation. They are concerned that new regulatory burdens will hold back the recovery and hinder an effective transition to a green and digital economy.
The bureaucratic burden of every proposal should be analysed systematically, making use of the SME test and the One-in-One-Out principle. “The recovery must contribute to remodel our economy in light of the green and digital transition. Policy measures must strengthen the capacity of SMEs to innovate and invest and must avoid new regulatory burden to allow for a successful recovery and transition”, emphasised President Alban Maggiar.
He concluded: “It is time to move from words to action. The ambitious European goals are made reality on the ground by SMEs. Crafts & SMEs are the heart of Europe, we must provide them with the appropriate framework and give them the chance and resources to put these objectives into practice”.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).