Ministers responsible for small and medium enterprises from the 21 APEC member economies issued a joint statement reiterating their commitment to foster quality growth that brings benefits and greater health and well-being to all, including micro, small and medium enterprises.
The statement reflected discussions from the 30th APEC Small and Medium Enterprises Ministerial Meeting, held in Pucallpa, Peru on Friday, and chaired by Peru's Minister of Production, Sergio Gonzalez.
View the Pucallpa Statement and accompanying Chair's Statement.
The statement emphasized the need to assist the region's micro, small and medium enterprises in transitioning from the informal to the formal economy by embracing digitalization and fostering innovation. Ministers also stressed the importance of financial inclusion, supporting access to financial services, and promoting responsible financial practices.
