TRADE TRENDS
Trade
and Industry Sec. Ramon Lopez assured micro, small and medium enterprises
(MSMEs) of the government’s commitment to provide better market access for
MSMEs by mainstreaming their products in commercial establishments,
particularly those from the agriculture sector.
Speaking at the Christmas Townhall with
President Rodrigo Duterte: Negosyo para sa Kapayapaan sa Sulu at the Malacañan
Palace, Lopez urged businessmen to help government beat poverty in the country.
“Our call for today, to celebrate inclusive
business, is to provide continuous market access for the products of MSMEs,
especially in the agriculture sector,” Lopez told Duterte and representatives
of the business sector.
To usher this initiative, DTI tapped mall
chains to provide commercial spaces, where MSME products from around the
country can be purchased by mall-goers.
“In DTI, we commit to mainstream the products
of MSMEs, we‘ve had the cooperation of SM, Ayala, Robinson’s, Rustan’s, City
Mall, Star Mall and even Puregold, and many retailers to allocate a
specific place in their malls for free to mainstream and made available the
products of our MSMEs,” Lopez said.
With the “Go Lokal” stores stationed at
mall-chains, agricultural products, including those from Sulu, will become a
regular fixture in malls, according to him.
“It’s a model that can really provide
sustainable market for our agriculture sector, especially our poor farmers,”
Sec. Lopez added.
Meanwhile, the trade chief also reported that
the government, through the Office of the President, will shell out an initial
P1 billion financing to provide for micro and small entrepreneurs.
“The promise of the President is to provide
P1 billion per region to help really the start ups,” he said. The budget will
be coursed through DTI.
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