Don’t miss the latest developments in business and finance.

Peru's Kuczynski warns of emerging protectionism at APEC summit

Image
Reuters LIMA
Last Updated : Nov 18 2016 | 8:43 PM IST

LIMA (Reuters) - Peru's President Pedro Pablo Kuczynski warned of emerging protectionism in a speech opening the Asia-Pacific Economic Cooperation (APEC) summit on Friday, noting that history had shown the dangers of failing to promote free trade.

Leaders in the 21-nation economic bloc including the United States, Russia and China were seeking to salvage hopes for regional trade, as prospects of a Donald Trump presidency in the U.S. sounded a possible death knell for the U.S-led Trans-Pacific Partnership (TPP) free trade pact.

(Reporting by Caroline Stauffer and Mitra Taj, Editing by Franklin Paul)

Also Read

First Published: Nov 18 2016 | 8:29 PM IST

Next Story