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Saturday, November 17, 2018

Globalisation needs fixing, says Dr M

PORT MORESBY: Prime Minister Dr Mahathir Mohamad today said nations need to reevaluate globalisation and economic integration as it is leaving some people behind and fuelling inequality.
Speaking at the Asia Pacific Economic Co-operation (Apec) summit in Papua New Guinea, Mahathir called for a more level playing field on trade between rich nations and the developing world.
“The benefits of free and fair trade and economic integration have been ruptured, exemplified by Brexit and trade wars between major economies,” Mahathir said.
“The trade war between the US and China has amplified further the disruption to our trade and commerce.” - FMT

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