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Peru's Kuczynski warns of emerging protectionism at APEC summit

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Reuters LIMA

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)

 

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

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