Empowering the SMEs

 

 

 

TAKING INTO ACCOUNT the serious challenges being faced by the developing countries in the wake of globalisation and the global pandemic with rapid technological changes and the need to work together to face these challenges;

 

RECOGNISING that the establishment of economic cooperation groupings among developing  countries  have opened up new opportunities for trade and investment;

 

REALISING the vulnerability of developing countries’ economies to financial crises as those faced by the East Asian, Latin American Economies, the lessons learned from the Asian/Global Financial Crisis and their recovery;

 

CONSCIOUS that the increasing protectionism trends in developed country markets and the erosion of the bargaining power of developing countries underlines the need for greater G-15 cohesion and unity;

 

RECOGNISING the importance of SMEs in economic growth and poverty alleviation through employment generation and focusing on enhancing the level of cooperation among the SMEs of the member countries to exploit their full potential;

 

APPRECIATING the role of the business sector in G-15 countries in implementing programmes to promote trade and investment in general within the Group as well as facing global challenges;

 

STRESSING the importance of the utilising the expertise of practising SME practioners

 

UNDERSTANDING the need and importance of private and public sector participation in formulating policy options for tapping the opportunities for intra-G-15 trade and investment;

 

Having decided to adopt the following agenda for Cooperation in Trade and Investments among G-15 countries:

 

 

APEC SME-CENTERS will:

 

  • EVOLVE 

  • IDENTIFY economic rationale for empowering SME

  • ESTABLISH clusters of SME

  • RECOMMEND the respective governments to designate institutions  

  • DEVELOP SME Focal Points for information dissemination, 

  • SET UP expert group 

  • REALISE existing and potential  opportunities in trade, investment and technology transfer in key areas and sectors.

  • ACKNOWLEDGE AND SUPPORT the investment of public and private sectors E- Commerce  

  • PROMOTE and ENHANCE,  economic and trade relations in the areas , such as trade financing, insurance, shipping, logistics, trade facilitation, promotion and protection of investments, avoidance of double taxation, and product specification and standards.

  • CONSULT AND COORDINATE, as appropriate, among  APEC SME-CENTERS Group

  • MAKE efforts to build institutional mechanisms in  APEC Regions

  • DECIDE that the next implementation strategy 

 

    

                           LESSON LEARNED 

                                        from

                The Indonesian Forestry Sectors

 The forestry sectors have been badly damaged by unscrupulous operators and condoned by previous government era. Forestry mismanagement, illegal timber cutting, and with no regards to the environment.

From the lesson learned, the current Indonesian Government is responsibly trying to rectify the situation. 

We all can learn this lesson and other similar experience around the world