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Press Advisory

OAS Convenes Meeting to Foster Productivity and Competitiveness of MSMEs in Latin America

  October 30, 2010

The Organization of American States (OAS) will conduct on November 1st and 2nd in Mexico City a Dialogue titled, “Public Policies to Promote Competitiveness among Micro, Small and Medium Enterprises (MSMEs),” with the participation of Ministers, Deputy Ministers and Directors from 20 countries of Latin America responsible for developing policies involving MSMEs. The event will be held in Centro Banamex, Mexico City, in the framework of National SME Week, which is from November 1st to the 5th.

The goal of the meeting, organized by the OAS in collaboration with Mexico’s Ministry of Economy and its Ministry of Foreign Relations, is to promote a high-level regional dialogue on policies to support the competitiveness and productivity of MSMEs and facilitate the exchange of successful experiences and good practices that contribute to strengthen this sector’s competitive potential.

The MSMEs of Latin America comprise 90% of the enterprises in the region (some 120 million companies) and generate two thirds of total employment. Despite the fact that more than 400 million people in the hemisphere depend on the productivity of MSMEs, these contribute only two fifths of GDP, have an average life of barely 14 months, and generate less than five percent of total exports of goods and services.

The draft agenda of the event is available here

Both days of the event will be broadcast live beginning at 9:00 Mexico City time (14:00 GMT) here

WHAT: The Dialogue, “Public Policies to Promote Competitiveness among Micro, Small and Medium Enterprises (MSMEs)”

WHEN: November 1st and 2nd, 2010

WHERE: Centro Banamex, Mexico City
Av. Conscripto 311
Col. Lomas de Sotelo.
Del. Miguel Delgado
Mexico City 11200

Reference: AVI-274/10