on Tuesday stated that Peru has successfully introduced the issue of transitioning from informality to formality into the permanent agenda of the
, with the Lima Roadmap expected to be approved by leaders of member economies.
In an interview with
Andina News Agency on Tuesday, he recalled that when
Peru was chosen as APEC host, there was a desire to define a concrete added value that could be offered to this forum, with the decision being made to prioritize the transition to formality as one of the main themes.
"We managed to include this issue in the APEC agenda, which is very significant, not only for the Lima meeting and the APEC year, but it has now been integrated into APEC's permanent agenda. We aim for the leaders to approve the Lima Roadmap so as to transform and transition those individuals and entrepreneurs currently in informality to formality," he indicated.
The ambassador noted that when the topic was first proposed during preliminary senior officials' meetings at the forum, it was initially thought to affect only Peru.
However, a study conducted by the APEC Secretariat demonstrated that informality affects all 21 member economies, albeit to varying degrees.
Similarly, the diplomat emphasized that discussing this topic within APEC will allow the sharing of experiences to support those countries where informality remains prevalent.
"If we work together, we can move faster. It will be essential to share experiences and cooperate among us (APEC economies), providing technical cooperation. Besides, this formalization process involves costs and efforts that will be minimized by having access to a market like the one represented by this forum," he added.
21 leading economies
APEC is made up of:
Australia, Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, the Russian Federation, Singapore, Chinese Taipei, Thailand, the United States, and Viet Nam.
Together, they account for 62% of world's GDP, 48% of global trade in goods and services, plus 38% of the planet's population.
(END) JCC/JCR/MAT/MVB