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The U.S.-EU Small and Medium Enterprise (SME) workshops were launched in 2011 in Brussels and Washington under the auspices of the Transatlantic Economic Council (TEC), with the goal of enhancing trade and investment opportunities for U.S. and EU SMEs. Small businesses are the engines of economic growth and job creation on both sides of the Atlantic, yet they face a number of challenges that can inhibit their ability to engage in international trade. These meetings launched an ongoing dialogue between the United States and the EU, aimed at developing cooperative initiatives to enhance small business participation in transatlantic trade, tackle trade barriers faced by SMEs in foreign markets, and exchange best practices on other policies of interest to small business, such as entrepreneurship and financing.
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