MEMBER ECONOMY - Peru

Peru informed on the upcoming conference scheduled on October 28-29, 2014, in Lima, Peru. Its objectives are to become an important start-up node in the APEC region, to encourage start-ups and entrepreneurs to develop global funding, and to facilitate information, cooperation, and networking between diverse global economies.

This initiative is envisaged as a contribution to the MSMEs Marketplace established under the Iloilo Initiative. It also addresses Leader’s instructions to implement the Boracay Action Agenda (BBA), and facilitate SMEs access to regional and global markets. Particularly, this initiative will achieve the Common Goals towards 2020 outlined in the BAA, where the indicators include case studies of MSMEs participation in international markets and global value chains, and the increase in internationalization activities. In addition, this compendium will add value to the existing work programme under work stream 5 of the APEC Strategic Blueprint on Global Value Chains on Assisting SMEs to Benefit from GVCs.

The project will develop of a comprehensive study on structures, main strategies for MSMEs to participate in tourism GVCs, as well as best government practices and policies on facilitating MSMEs access to tourism GVCs. The project seeks to: 1) To facilitate better understanding of the structure of the main tourism GVCs (including culture and nature-based tourism; Meetings, Incentives, Conferences and Exhibitions – MICE tourism; accommodation and transport providers; cafes and restaurants); and the opportunities and challenges for tourism MSMEs in the Asia Pacific; 2) To provide APEC policy makers with a set of recommendations on how to enhance competitiveness in tourism GVCs; and 3) To help MSMEs build capacity and develop strategy for effective integration into services GVCs. Beneficiaries of this project include: the public sector (government bodies and agencies), MSMEs and related associations; academia (academic institutions, public and/or private research institutions), multinational corporations and developing economies.