• The president stressed that this can be achieved through the implementation of structural reforms, a renewed commitment to global trade, and the internationalization of micro, small and medium enterprises.
• Mexico has advocated and implemented sweeping reforms in strategic sectors, he said.
• The president participated in the 23rd Asia-Pacific Economic Cooperation Forum (APEC) Leaders’ Retreat.
Mexican President Enrique Peña Nieto told the leaders participating in the 23rd Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting that through the implementation of structural reforms and a renewed commitment to global trade, and the internationalization of micro, small and medium enterprises, “Our economies have large areas of opportunity to boost growth in an extremely volatile world.”
During his participation in the first retreat of the meeting, on the theme, "Inclusive Growth through integrated economies," the Mexican president said that this year’s APEC, “Is being carried out within a complex global economic context.”
However, he added, “Asia-Pacific remains one of the most dynamic regions, which encourages us to work for a more balanced, inclusive, sustainable, innovative and secure growth.”
The successful experiences of the APEC economies, “Have repeatedly demonstrated the importance of structural reforms to trigger economic growth.”
“Consistent with this, Mexico has advocated and implemented sweeping reforms in strategic sectors such as employment, education, telecommunications and antitrust, public finance, finance and energy,” he explained.
He said that the common goal of these economic reforms, “Is to increase competitiveness and bring the country to its full potential.”
He said that with this vision, “Mexico expresses its renewed commitment to The Renewed APEC Agenda for Structural Reform 2016-2020, which will lay the foundations for achieving more open, transparent markets.”
The Mexican president also hailed the fact that in this 23rd Session, the progress of the “APEC Growth Strategy” has been reviewed with the aim of defining the bases underpinning the growth of the region over the next 20 years.
"While growth is critical to our economies, it is just as important for it to be more inclusive and sustainable. In this regard, Mexico has assumed the commitment to promoting quality growth made in this forum,” he said.
He noted that, “Our goal is to achieve a prosperous, inclusive Mexico, in which we all have equal opportunities to develop, through higher quality education, decent housing, social security and health services, and better paying jobs."
On the last day of activities of the 23rd APEC Meeting, President Peña Nieto said that international trade, “Is an engine of growth we should facilitate and promote.” As one of the most open economies in the world, he added, “Mexico confirms its commitment to the multilateral trading system, through the implementation of the Trade Facilitation Agreement and the conclusion of the Doha Round within the framework of the World Trade Organization.”
He added that, “Convinced of the importance of facilitating trade operations, in Mexico we are promoting a plan to modernize infrastructure and customs, involving an investment of over $530 USD in 566 projects designed to expedite the movement of goods, capital and people across borders.”
He stressed that SMEs are the mainstay of most of the Asia-Pacific economies . In Mexico, he added, “They contributed over 50 percent of the Gross Domestic Product, supporting more than 70 percent of jobs and accounting for about 90 percent of all firms.”
He recalled that his administration has launched, “A true national policy of support for entrepreneurs and MSMEs (micro, small and medium enterprises), reflected in the structural reform agenda”:
• Energy Reform will enable them to spend less on energy.
• Telecommunications Reform seeks to expand access to various telecommunications products and services in order to increase their quality and lower their prices.
• Financial Reform makes it possible to provide loans on competitive terms to micro, small and medium enterprises.
• Antitrust Reform will result in access to a wide range of quality goods and services at better prices to help MSMEs to become more productive and to facilitate their integration into global value chains.
Finally, President Peña Nieto said that, “Mexico welcomes the Boracay Action Agenda for the Globalization of Small and Medium Enterprises, which allow us to identify and address the barriers they face in their internationalization.”