Anthony Albanese meets with leaders of Peru and Indonesia as middle nations seek to diversify trade away from the US

The prime minister, Anthony Albanese, has hailed “inclusive trade and investment” at a major Asia-Pacific economic forum in Peru where leaders are attempting to push against the protectionist policies favoured by US president-elect Donald Trump.

Speaking at the annual Asia-Pacific Economic Cooperation (Apec) leaders summit, which assembles 21 of the world’s largest economies, Albanese told a press conference that Apec leaders consistently “spoke about the importance of free and fair trade between our economies to lift up the living standards of people throughout this region”.

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