Wednesday, August 10, 2011

Over 1,500 businessmen to meet in Lima for APEC SME summit


In order to enter world markets, more than 1,500 entrepreneurs will meet in Lima on August 25 for the Asia Pacific Economic Cooperation (APEC) Small and Medium Enterprises (SME) Summit 2011.

The summit is organized by the country’s foreign trade association (ComexPeru) as Peruvian Secretariat of the APEC Business Advisory Council.

“In this event, we’ll give the SMEs tools to reach markets around the world and face globalization through different information technologies such as websites, social networks, e-commerce platforms, among others,” president of ComexPeru Alfonso Garcia said.

On this regard, general manager of ComexPeru Patricia Teullet mentioned that within the framework of the ABAC meeting in Lima, to take place from August 22-24, the SME Summit will seize the opportunity to create a space for large companies to share their successful experiences with the SMEs.

According to the latest National Economic Census (2008), 94.5 percent of the total companies in Peru are micro enterprises, 4.8 percent are small enterprises and only 0.6 percent are medium and large enterprises.

Despite these numbers, the SMEs account for 20 percent of the country’s Gross Domestic Product. (Andina)

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