Business leaders welcome faster investor visas, stronger diplomatic presence

Business leaders say increased funding for foreign affairs will strengthen Fiji's ability to attract investment, expand trade and build international partnerships.

They welcomed increased funding for the Ministry of Foreign Affairs, saying stronger international engagement will create new economic opportunities for Fiji.

Minister for Finance Esrom Immanuel announced a $56.6 million allocation for the ministry in the 2026-2027 National Budget last Friday.

The funding will support Fiji's foreign policy priorities and maintain the country's international presence through 14 diplomatic missions and four trade commissions.

Anchor Care Migration and Recruitment Pte Ltd chief executive officer Masudur Rahman said the increased allocation reflected the Government's commitment to strengthening Fiji's global engagement while responding to emerging international challenges.

"The Foreign Affairs Ministry's focus on international engagement through diplomatic missions is a great initiative. It will attract more foreign investors and open doors to multiple opportunities," Mr Rahman said.

He also welcomed the Government's plan to reduce investor visa processing times from 21 days to five days, saying it would improve Fiji's investment climate.

Mr Rahman also supported the $225,000 allocation to combat human trafficking.

"If this funding is used effectively, it will help prevent international crime syndicates from using Fiji for human trafficking," he said.

He added that reducing the minimum sponsorship threshold for the Fijian Drua incentive from $250,000 to $100,000 would enable more small and medium-sized businesses to participate.

Nadroga-Navosa Chamber of Commerce and Industry president Suresh Naidu said a strong foreign affairs policy was essential for trade and economic stability.

"The chamber views current domestic inflation as largely driven by global supply chain volatility and geopolitical shifts," Mr Naidu said.

He said maintaining strong international partnerships would help Fiji respond to global economic challenges and strengthen business confidence.

Meanwhile, Mr Immanuel said the allocation would strengthen Fiji's overseas presence and create new opportunities for trade and investment.

"In today's global environment, it is important that Fiji remains connected to key partners and markets around the world. Our overseas missions play an important role in promoting trade, attracting investment, supporting tourism, creating employment opportunities and looking after the interests of Fijians abroad," he said.

"These investments will strengthen Fiji's engagement with key partners and markets, create new opportunities for trade and investment, and ensure Fiji continues to have a strong voice in regional and international affairs."

The allocation includes $6.3 million to operationalise Fiji's mission in Jerusalem and reopen its mission in Brussels.

The ministry's allocation has increased from $6.2 million in 2023-2024 to $43.8 million in 2024-2025, $51 million in 2025-2026 and $56.6 million in 2026-2027.