This country’s export potential lies in the small business sector and the Ministry of Energy and Business Development plans to pull out all the stops to help the businesses reach their full export potential.Minister Senator Lisa Cummins said with close to 90 per cent of Barbados’ market made up of micro, small and medium-sized businesses it means the sheer scale of export potential lies in these business categories.“It is our commitment and our responsibility to ensuring that whether we are dealing with issues relating to trading and capacity-building, standards - including voluntary and mandatory standards for the local market, for the purpose of being able to access export markets is critical to the work that is being done in this ministry.”She said the concentration must now be on scaling-up the small business, promoting in-category from micro to large-scale enterprises and then helping them all to be export market-ready at the highest level.“Barbados being world-class must mean something and it must be standards-based and that’s where the work of the BNSI comes into play,” Cummins said.
