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Parliamentary Vice-Minister Ihara Attended the APEC SME Ministerial Meeting and Other Meetings

From September 6 to 11, 2016, Mr. Takumi Ihara, Parliamentary Vice-Minister of Economy, Trade and Industry, visited Peru and Mexico to attend the 2016 APEC Small and Medium Enterprises Ministerial Meeting and other meetings. At the ministerial meeting, Parliamentary Vice-Minister Ihara introduced Japan’s policies concerning overseas business development by Japanese SMEs and called the attention to the importance of encouraging SMEs in the APEC region to participate in global value chains.

Taking the opportunity of this meeting, Parliamentary Vice-Minister Ihara also visited Mexico, a country where Japanese companies are proactively developing their business, and held bilateral meetings in Mexico City to exchange views with H.E. Mr. Juan Carlos Baker, Undersecretary of Economy, Ministry of Economy, and with H.E. Ms. Yuriria Mascott, Undersecretary of Transportation, Ministry of Communications and Transport, concerning the development of the business environment in Mexico and other issues.

1. APEC SME Ministerial Meeting

1) Summary of the outcomes

At the APEC SME Ministerial Meeting, on September 9, regarding the major agenda titled “SMEs as engines of quality growth and prosperity,” Parliamentary Vice-Minister Ihara introduced Japan’s support measures for Japanese SMEs that intend to develop business overseas.

In addition, he also called the attention of participating APEC economies to the importance of encouraging SMEs in the APEC region to participate in global value chains, aiming to support SMEs that intend to develop business in the region. He further explained that to this end, the economies should take measures for preventing such SMEs from becoming involved in problems in local areas by, for example, developing legal systems and improving business practices in the region.

Finally, as an outcome of the meeting, participants adopted the 2016 APEC SME Ministerial Statement.

Parliamentary Vice-Minister Ihara expressing opinions

Photo session

2) Exchanging views with participating ministers

Parliamentary Vice-Minister Ihara held a bilateral meeting with H.E. Mr. Bruno Giuffra, Minister of Production, Peru—the APEC host economy in 2016—and confirmed that both sides will advance cooperation in the field of SMEs and other areas. Parliamentary Vice-Minister Ihara also held meetings with other participating ministers during the breaks of the ministerial meeting.


Bilateral meeting with Minister Giuffra

2. Visiting Mexico

1) Exchanging views with senior officials of the government of Mexico

At the meeting for exchanging views with Undersecretary Baker, Ministry of Economy, Japan requested that Mexico promote the Japan-Mexico bilateral economic relationship and improve the business environment in Mexico, e.g., by taking public safety measures. In addition, concerning the issue of steel excess capacity, both sides agreed that they will continue to cooperate to tackle the issue while taking advantage of meeting opportunities, e.g., OECD and G20.

Furthermore, at the meeting for exchanging views with Undersecretary Mascott, Ministry of Communications and Transport, both sides exchanged views on taking measures for security involving cargo transportation in Mexico and on inaugurating a new service of direct flights between Japan and Mexico, as efforts to further promote the Japan-Mexico bilateral relationship.

Exchanging views with Undersecretary Baker

Exchanging views with Undersecretary Mascott

2) Exchanging views with stakeholders involved in the SME Overseas Expansion Platform program in Mexico

At the meeting for exchanging views with coordinators and stakeholders working at the Mexican office of the SME Overseas Expansion Platform program in the country, Parliamentary Vice-Minister Ihara exchanged views with such stakeholders concerning challenges that Japanese companies are facing in developing business in the country and efforts to overcome such challenges.


A scene from the meeting for exchanging views

Release date

September 12, 2016

Divisions in Charge

Information on the APEC SME Ministerial Meeting:
Office for International Cooperation, Business Environment Department, Small and Medium Enterprise Agency
Information on the meetings for exchanging views with senior officials of the government of Mexico
Latin America and Caribbean Office, Trade Policy Bureau, METI

Related Information

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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