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PNG Backs Fiji’s Decision On PACER Plus

The Papua New Guinean Government has supported Fiji’s position concerning the PACER Plus negotiations. Fiji has already made its stand that the negotiations have to-date, lacked the development aspect that
08 Jan 2016 10:45
PNG Backs Fiji’s Decision On PACER Plus
From left: Papua New Guinea Minister for Trade, Commerce and Industry, Richard Maru, Fijian Minister for Industry, Trade and Tourism, Faiyaz Siddiq Koya and Permanent Secretary for Industry, Trade and Tourism, Shaheen Ali after signing the Outcomes Document in Suva yesterday. Photo: RAMA

The Papua New Guinean Government has supported Fiji’s position concerning the PACER Plus negotiations.

Fiji has already made its stand that the negotiations have to-date, lacked the development aspect that was imperative and that there are no binding commitments from both Australia and New Zealand.

PACER-Plus is a proposed free trade agreement between Australia and New Zealand and the 14 Pacific members of the Pacific Islands Forum.

It is aimed at working towards integrating the Pacific into one market by simplifying and harmonising trade and investment rules and regulations thereby reducing the costs to traders and investors.

Yesterday, The PNG Minister for Trade, Commerce and Industry, Richard Maru, gave the PNG Government’s support on Fiji’s stand whilst on a official visit to Fiji.

Mr Maru said PNG can only sign PACER-Plus if there are convincing and compelling reasons to do so.

Fijian Minister for Industry, Trade and Tourism, Faiyaz Siddiq Koya, said: “Fiji, whilst being a late entrant in the negotiations, like PNG, has a lot at stake if the agreement is not negotiated well.

“The agreement clearly lacks the development aspect. A Development Agreement essentially means securing long-term improved market access, preserving policy space, especially the right to regulate for development.

“Also creating employment, uplifting the livelihoods of all Pacific Islanders and achieving sustainable development.



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