Grow.” We reiterate our strong commitment to the achievement of the APEC Putrajaya Vision 2040 including the implementation of the Aotearoa Plan of Action to realize an open, dynamic, resilient and peaceful Asia-Pacific community for the prosperity of all our people and future generations. [...] To this end, we will pursue the following actions: Support MSMEs in transitioning from the informal to the formal economy and participating in the global economy, including through innovation and digitalization, to foster resilient and sustainable economic growth. [...] Support start-ups and entrepreneurial spirit through fostering a favorable business environment and promoting innovation, as well as through mentorship programs, business incubation, and government programs and resources that empower entrepreneurs and spur the creation and growth of start-ups. [...] Provide training on and encourage the sharing of best practices, lessons learned and collaborative programs between MSMEs and large companies aimed at improving MSMEs’ ability to innovate and compete in local, regional and global markets. [...] In this regard, we welcome the efforts towards the establishment of the APEC Roadmap to promote the transition to the formal and global economy as a contributor to further advancing inclusive economic growth in the Asia-Pacific region.
Authors
- Pages
- 3
- Published in
- Singapore
Table of Contents
- 2024SMEMMJMS 1
- 30 Small and Medium Enterprises 1
- Ministerial Meeting 1
- Pucallpa Peru 1
- 13 September 2024 1
- 1. We the Asia-Pacific Economic Cooperation APEC Ministers responsible for Small and Medium 2
- 2. We commit to fostering quality growth that brings palpable benefits and greater health and well-being 2
- 3. We reiterate the importance of developing growth pathways that expand opportunities for MSMEs. 2
- Facilitate access to financing and promote financial inclusion for MSMEs through access to financial services financial education and the adoption of responsible financial practices. 2
- Foster the development of easy-to-use and cost-effective products and solutions to accelerate MSMEs digital transformation including digital and entrepreneurship skills programs. 2
- Acknowledge the importance of cooperation on facilitating the flow of data and strengthening consumer and business trust in digital transactions. 2
- Enhance research development and technological innovation to stimulate the creation of high- value-added products and services. 2
- Advance the implementation of the Bangkok Goals on Bio-Circular-Green Economy BCG model by building the capabilities of MSMEs in sustainability and inclusion practices. 2
- 4. We recognize the importance of encouraging the transition of economic actors to the formal 2
- 5. We reaffirm our commitment to further promote programs that reduce barriers and improve the 3
- 6. We emphasize the importance of cross-fora collaboration across APEC workstreams and relevant 3
- 7. We express our gratitude to Peru for hosting the APEC SMEMM30 and look forward to the next 3
- SMEMM in the Republic of Korea. 3
