Malaysia's prime minister says globalisation needs fixing


Reuters | Updated: 17-11-2018 05:40 IST | Created: 17-11-2018 05:40 IST

Malaysian Prime Minister Mahathir Mohamad on Saturday said nations needed to reevaluate globalisation and economic integration because it was 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 U.S. and China has amplified further the disruption to our trade and commerce." (Reporting by Colin Packham; Editing by Himani Sarkar)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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