NEWS

Focus On Competition, Consumer Protection

The UN trade and development organisation will partner with Fiji to provide technical help in improving Fiji’s capacity and policies related to competition and consumer protection. “Fair and equitable competition
17 Jul 2015 09:28
Focus On Competition, Consumer Protection
Acting Minister for Industry, Trade and Tourism, Aiyaz Sayed-Khaiyum.

The UN trade and development organisation will partner with Fiji to provide technical help in improving Fiji’s capacity and policies related to competition and consumer protection.

“Fair and equitable competition and consumer protection have been the cornerstones of the Bainimarama Government. In 2010, consumer protection, restrictive practices and price control responsibilities were incorporated into the functions of the Fiji Commerce Commission (FCC), for holistic implementation,” said the Acting Minister for Industry, Trade and Tourism, Aiyaz Sayed-Khaiyum.

The United Nations Conference on Trade and Development (UNCTAD) programme is expected to be finalised over the next few weeks. Its goal is to help the FCC build the capacity and provide the technical assistance to achieve the status of a dynamic and modernised competition and consumer protection regulator.

This comes as Fiji successfully participated in a Voluntary Peer Review of Competition Law and Policy held in Geneva, Switzerland on July 6 to 10 this year.

The Peer Review and Conference provided an opportunity for the participating nations to discuss the challenges faced in enforcing competition law.

“The Conference was also important as Fiji was able to network with other countries and exchange information on their experiences and co-operates in competition law and enforcement. To this end, Fiji and Austria have agreed to a have a Memorandum of Understanding with each other,” said Mr Sayed-Khaiyum.

Fiji is one of only two countries in the region to have an established independent competition regulator. The other is Papua New Guinea.

It is expected that UNCTAD will visit Fiji in October this year as part of the next phase of the process, which is expected to roll out the technical assistance programme.

Feedback: jyotip@fijisun.com.fj

 


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