EU Commission report one-sided, incomplete and misleading

Belgium, the European umbrella organization of national green economy associations, is criticizing the latest EU Commission report on small and medium-sized enterprises (SMEs) and the Transatlantic Trade and Investment Partnership (TTIP) as incomplete and misleading.

In a comment published on Monday, the organization accuses the Commission of drawing overly optimistic conclusions based on a flawed selection and representation of its data. The criticism comes in reaction to increasing efforts by the European Commission to present SMEs, in particular, as beneficiaries of the TTIP.

With regard to the report „Small and Medium Sized Enterprises and the Transatlantic Trade and Investment Partnership,“ first criticizes the Commission for misrepresenting the significance of transatlantic trade to European SMEs: The importance of trade with the US is only shown as it pertains to internationally active SME, which constitute only a tiny fraction (0,7%) of all European SMEs. Non-exporting SMEs are hardly mentioned, thus their expectations and concerns are not considered at all.

Secondly, finds fault with the report’s methodology: The report is based on survey among “self-selected” enterprises but the results are nevertheless presented as representative and generally accepted.

Please find the full comment can be found here and the full press release via the link below: