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Brexit and Trump won't torpedo Asian cooperation

Participants at this month's Apec summit in Lima agreed that continuing pursuit of the proposed Free Trade Area for Asia and the Pacific (FTAAP) should be a priority. photo: REUTERS

Despite growing anti-globalisation sentiment reflected in the Brexit vote, and Donald Trump's vow to pull the US out of the Trans-Pacific Partnership (TPP) the moment he assumes the presidency, Asia Pacific countries are pressing ahead with many other regional plans.

There has been no indication suggesting that regional economies would pull out of arrangements that have already been made, said Alan Bollard, executive director of the Asia Pacific Economic Cooperation (Apec) secretariat.

"Certainly, we are all aware of the anti-globalisation popular feeling that has led to some of the movements in Europe and Brexit, and we saw some aspect of that in the US election as well," he told Asia Focus in a telephone interview from Singapore.

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