Peru’s Priorities for 2016
Within this conceptual framework and providing continuity to the priorities chosen by the Philippine government for its presidency, Peru selected four priority areas:
- Investing in Human Capital Development
- Towards the modernization of MSMEs
- Fostering the Regional Food System
- Advancing in the Regional Economic Integration and Growth Agenda
Investing in human capital development
Investing in human resources in a way to enable our economies to take a qualitative leap from a natural resources based economy to a sophisticated one, service and information oriented and able in the use of new technologies and innovation.
Towards the modernization of MSMEs in the Asia-Pacific
The MSMEs, prevalent in the economic structure of Peru and which is also widespread in the region, should participated in the regional value added chain with the support and the application of new technologies and innovation. This will allow their progress in competitiveness, productivity and will benefit the economy for its positive impact to the employment rate.
Fostering the regional food market
The choice of promoting a regional food market that is fluid, functional and transparent is oriented to address the “behind the border” trade restrictions that appears in some economies of the APEC region, without a clear justification. Our choice is based on the concept of food security, understood as the ability of a society to access a broad, predictable supply, certain foods that are necessary for their development.
The proposal promotes and raise awareness of the growth potential of agro industrial exports for Peru, due to its impact on employment, social and rural development, while addressing the negative impact of non-tariff barriers that limit this development when not properly implemented.
The comparative advantages that our soil and climate give to the Peruvian agro-industry are reflected in an annual increase of more than two digits of our exports of fruits and vegetables, especially those aimed at the Asia-Pacific markets. The problem is not very much related to customs duties and clearance, as it is in the field of non-tariff barriers, especially those of sanitary nature.
The effort made by public and private sectors to expand the beneficial effects of the development of agroindustry and its value added in our country, through programs such as the Productive Diversification and Sierra Exportadora, is remarkable and tries to exploit this favorable position of this industry due the new levels of affluence and consumption of Asian societies.
Advancing the regional economic integration and growth agenda
Peru will offer continuity to the treatment of the central APEC agenda on regional integration, deepening levels of liberalization of trade and investment in the region and structural reforms that should accompany this process.
Peru’s Chair must to review the collective progress towards the Bogor Goals oriented to the full liberalization of APEC economies to trade and investment in 2020 and to promote the adoption of the Strategic Study for the realization of the Free Trade Agreement of the Asia Pacific (FTAAP) during 2016, as a key issues related to the Regional Economic Integration.