On November 30, 2018, Canada, the United States and Mexico signed the new Canada-United States-Mexico Agreement (CUSMA), on the margins of the G20 leaders’summit in Buenos Aires, which is also called North America Free Trade Agreement (NAFTA). 

It includes a specific chapter for regulating small and medium-sized businesses. According to Chapter 25, the governments will pay more attention to SMEs by integrating them into the export market, improving their competitiveness and establishing a SME committee.

The SME Committee is composed of representatives from the three countries, which is mainly responsible for seeking cooperation opportunities, analyzing best practices, assisting SMEs to export, organizing seminars, and exploring ways to improve exports. 

The main activities include: 

• enhance the capability of SME staff in the public sector procurement process; 

• attract more SMEs to become business partners with those have engaged in North American Free Trade Agreement; 

• establish the database of SMEs from three countries; 

• discuss the standards and criteria of each country's SMEs support plan. 

The establishment of the SME Committee has convinced the SMEs of the three countries that it is possible that they can engage in the international market by exporting directly or becoming part of the production chain of large companies.