Peruvian president calls on young people to adapt to modern world

Peruvian President Pedro Pablo Kuczynski on Thursday called on young people of APEC member economies to adapt to the changes new technologies are bringing to the world.

"The world is changing at a blistering pace," the president told the closing ceremony of an APEC summit for small and medium-sized enterprises (SMEs) during the 2016 APEC Economic Leaders' Week in Lima.

"What we need to teach young people is how to adapt to the world, because many specific things will continue to change," said the president.

Education must become an effective tool for socio-economic development and to help developing countries adapt to global progress, Kuczynski said.

"It will be very important to know how to learn and adapt, for which education is crucial."

Kuczynski added that the government would help SMEs in a number of ways, including reforming Peru's tax authority. He also mentioned a government plan to simplify regulations and administrative processes to help SMEs do business in an easier way and integrate global value chains. Endi