SMEs is the Key of IORA Regional Growth, President Zuma Says
Jakarta, IORA - South African President Jacob Zuma reminded the importance of supporting small and medium enterprises since it becomes the key to the increased economic growth and new job opportunity in IORA region.
The statement was said by President Zuma on the first session of Indian Ocean Rim Association Business Summit, Monday (3/6).
According to him, the support on SME development in the Indian Ocean region is necessary considering the current global economy which is still uncertain.
Jacob Zuma also reminded the importance of promoting inclusive economic growth that can support women and marginal groups.
He said the world today has entered the fourth phase of the industrial revolution in the form of digital transformation.
Jacob Zuma expressed his hope that the IORA partnerships can be beneficial not only for the people in the region but also for future generations.