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APEC ministerial meeting eyes to boost MSMEs' participation in regional and global markets

Updated: Nov 18, 2015 12:13:36pm
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Manila, Nov 18 (KNN) A joint statement detailing new actions for advancing an Asia-Pacific economic growth agenda that benefits everyone and the future generation was issued by ministers from the 21 Asia-Pacific Economic Cooperation (APEC) member economies following the conclusion of the 2015 APEC Ministerial Meeting on Tuesday in Manila.

The joint statement aimed at continuing to chart a course for the region in the 21st century based on enhancing the regional economic integration agenda; fostering micro, small and medium enterprises’ participation in regional and global markets; investing in human capital development; and building sustainable and resilient communities.

A series of measures for advancing APEC member economies’ regional and global priorities are furthermore detailed in the Joint Statement annexes. These included APEC Disaster Risk Reduction Framework; APEC High-Level Policy Dialogue on Food Security and Blue Economy Plan of Action; Progress Report on Implementation of the Beijing Roadmap for APEC’s Contribution to the Realization of the Free Trade Area of the Asia-Pacific; and Progress Report on Implementation of the APEC Strategic Blueprint for Promoting Global Value Chains Development and Cooperation.

The 2015 APEC Ministerial Meeting was co-chaired by Philippine Foreign Affairs Secretary Albert del Rosario and Philippine Trade and Industry Secretary Gregory Domingo. (KNN Bureau)

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