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APEC shows virtues of multilateralism despite Chile cancellation

New host Malaysia will aid efforts to push forward free trade pacts

| Malaysia
Even after the suspension of APEC Leaders' Week in Chile, can-do attitude of participants remains.   © Reuters

Malaysia, the 2020 host of Asia-Pacific Economic Cooperation, the forum which brings together 21 diverse economies, holds its first APEC events today. APEC was in the news in November because our leaders' meetings in Chile were suspended after civil unrest there. But am I optimistic about the future of our group? Absolutely.

Events of recent weeks have only reinforced my conviction that APEC is exactly what the global economy needs in times of turbulence.

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