MSMEs contribute significantly to economic growth in APEC economies. It is also wide recognized that MSMEs can play a key role in favor of sustainable development.
The APEC 2016 priority entitled "Towards the Modernization of MSME in the Asia-Pacific" acknowledges this situation and aims to promote the conservation of the environment by fostering MSMEs productivity, the sustainable patterns of production, the efficient use of resources, including energy and clean technologies. This conception about MSMEs' role will facilitate their insertion into Global Value Chains and also, the generation of value in economic activities. Taking into consideration this situation, Peru proposes the organization of a half-day workshop on September 5, 2016 in Lima (previously to the SMEWG41) to present the experiences, opportunities and challenges that APEC Economies may face in the path to modernize.