MSMEs urged to boost global trade amid Covid-19 pandemic



TYRONE JASPER C. PIAD | BusinessMirror

Micro, small and medium enterprises (MSMEs) are encouraged to maximize the opportunities for international trade to further boost their economic contribution and strengthen inclusive growth in the country.

Trade Secretary Ramon Lopez said at an event on Monday that MSMEs in the Asia Pacific Economic Cooperation (APEC) region have yet to fully realize the opportunities in the global trading market.

He noted that the MSMEs in the APEC bloc account for only 35 percent or less of direct exports.

To read the rest of the article, please visit here