Adex: Before the next APEC summit in 2024, the public and private sectors face two major challenges

President of the Exporters Association (Adex) Julio Pérez Alván reports that in view of the next APEC 2024 Summit, the public and private sectors face two major challenges that must be addressed in an organized way: preserving the political and economic stability of the countries and raising awareness among the populations about the benefits of trade liberalization and economic models.

“The summit will be an opportunity to promote investment, improve business exchanges and build alliances that will allow us to develop on all levels beyond the commercial level, and this must be communicated to ordinary citizens””, commented Perez Albán.

This information was released after he attended the meeting.APEC 2024 Agenda Makes ProgressThe Chair of the APEC Senior Officials’ Meeting 2024 (SOM Chair), SDR Ambassador Carlos Vázquez, and Executive Director of the APEC Business Council Luciano Paredes were in attendance.

Also read: Adex: Peruvian overseas shipments decline in April 2024

Along these lines, Executive Director Luciano Paredes, APEC Business Councilpointing out APEC It accounts for 62% of world GDP and 48% of global trade, and trade with these economies has grown by an average of 11.1% per year since Peru joined in 1998. “Shipments in the non-traditional agricultural sector grew by 16.9%,” he explained.

Paredes stressed that by 2023, Peru’s exports to its five markets (the United States, China, Malaysia, Mexico and Singapore) reached an all-time high, with 90% of total shipments of copper and its concentrates going to APEC, as well as copper fishmeal (90%), fresh grapes (75%), blueberries (72%) and fresh or chilled asparagus (71%).

Check here: Adex: Security is critical to continue facilitating the supply of agricultural products to the United States.

He also highlighted its impact on Peru’s decentralization, since it centralizes 99% of goods from Apurimac, 96% from Cusco, 91% from Junín, 85% from Ancash and 83% from Tumbes.

SDR Ambassador Carlos Vázquez, Chair of the APEC 2024 Senior Officials’ Meeting (SOM Chair), said: The summit’s motto is “Empowerment, Inclusion, Growth”. “Several themes will be prioritized, such as: promoting trade and investment for inclusive and interconnected growth; innovation and digitalization to enable the transition to the formal and global economy; and sustainable growth for resilient development”he pointed out.

It is worth noting that from June 24 to 25, the first advance visit APEC Economic Leaders’ Week (AELW) And from August 12 to 18 Food Security Ministerial Meeting (FSMM) and related activities in Trujillo (La Libertad).