DTI CHIEF LOPEZ PUSHES FOR MSME AGENDA IN THE APEC TRADE MINISTERS MEET. Top trade officials from the member economies of the Asia-Pacific Economic Cooperation (APEC) refined themes and priorities to be discussed at the APEC Economic Leaders' Week in November 2017. Representing the Philippines at the 23rd APEC Ministers Responsible for Trade Meeting (MRT 23) in Hanoi on 20-21 May 2017, Philippine Trade and Industry Secretary Ramon Lopez (5th from L; back) presented the importance of APEC's sustainable and inclusive growth strategy, citing the Philippine government's thrust to include the micro, small and medium enterprises (MSMEs) in the value chain of bigger companies. APEC complements the trade agenda not only of the Philippines, but also of ASEAN. As a driving force of regional economic growth, APEC, together with its top trade leaders aimed at realizing a sustainable, inclusive and transparent trading system in the region. Major discussions of MRT 23 touched on the development of cross-border e-commerce or digital trade, the strengthening of industry initiatives, innovation and the review of action plans on economic and financial matters, as well as human resources development and social equity/inclusion.
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