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APEC to Support Adequate Financing Measures for Businesses

APEC Economic Leaders announced they will support efforts by export credit agencies, international financial institutions (IFIs) and private banks to ensure that adequate finance is available to businesses, including small and medium-sized enterprises, and to keep trade and investment flowing in the region.

APEC members are taking actions, individually and collectively, to restore confidence in their economies and maintaining the Asia Pacific region on a path of long-term growth.

APEC economies have already taken urgent and extraordinary steps to stabilize their financial sectors and strengthen economic growth as well as promoting investment and consumption.

In this regard, the 21 Asia Pacific heads of state and government issued Saturday afternoon their first joint statement in the framework of the Leaders’ Meeting held in Lima, Peru.

News source: Andina

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