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  • APEC leaders vow to keep markets open and fight against protectionism

    Published on November 22, 2016

    apec
    New Delhi: The leaders of the Asia-Pacific Economic Cooperation have reaffirmed the commitment to keep their markets open and to fight against all forms of protectionism. In a closing statement after meeting of the group at Lima in Peru, they pledged to work towards a sweeping new free trade agreement despite the political climate.

    The talks were dominated by doubts over the future of free trade and in particular the Trans-Pacific Partnership trade pact following the election of Donald Trump as President of United States.