9 Quotes from His Excellency José Pedro Castillo Terrones, President of Peru, at the APEC CEO Summit 2021

His Excellency José Pedro Castillo Terrones, President of Peru, delivered remarks during the 2021 APEC EO Summit and spoke about economic recovery, trade, and protectionism.

 On containing COVID-19

1. “We need to contain the virus, and the economic and social consequences of the crisis through a strong united response.”
2. “During this time, Peru has focused on aiding the vulnerable families through subsidies and to businesses through liquidity tools and credit guarantees. It is to prevent the negative effects of the pandemic from being perpetrated. We have also implemented programs to support companies, especially small and medium sized enterprises to guarantee the continuity of the payment chain, and to provide the necessary conditions for their reactivation.”
3. “Going forward, the Peruvian economy is expected to continue its recovery progress, showing a better performance in the last quarter of this year.”
4. “The APEC forum is an important space for coordinating measures and identifying good public policy practices to face complex health and economic challenges.”
5. “Peru has proposed that the APEC agenda should include the promotion of the transition of economic agents from the informal to the formal economy in order to develop studies, research and exchange of best practices to address this issue in the Asia-Pacific.”

   On the role of innovation and the promotion of scientific and technological research and development

6. “With productive applications, innovation is key to promoting and maintaining the competitiveness and efficiency of domestic enterprises.”
7. “We must also prepare collectively and individually to face emergencies and natural disasters, which we know will occur more frequently and be more intense as a result of climate change.”
8. “The challenges are enormous; we have the will and the conviction to continue working to overcome this crisis. But above all, to move towards a fairer, more equitable and sustainable development process.”
9. “Rest assured that Peru will continue to promote a quality, economic growth agenda that will bring benefits to all and over shared prosperity.”