The Fijian Government, with Australian and New Zealand officials, will be reviewing the Pacific Agreement on Closer Economic Relations Plus (PACER Plus) which was not ratified by the previous administration.
The Fiji Government will thoroughly assess the fairness and effectiveness of the PACER Plus agreement before it makes a decision on rejoining the trade agreement.
This weekend in Detroit, Trade Ministers from eleven countries will be meeting for the latest round of negotiations on the Indo-Pacific Economic Framework, a secretive geopolitical and economic agreement aimed to curtail China.
PNG Prime Minister held talks with Fiji Prime Minister on strengthening bilateral ties and deepening cooperation as the bigger Pacific Island Countries within the region.
China has put forward plans to dramatically expand security and economic cooperation with South Pacific nations, in what one regional leader called a thinly veiled effort to lock them into "Beijing’s orbit"
Fiji will become the 14th country and first Pacific island nation to join the US’ economic framework, the White House announced, delivering a boost to Washington’s efforts to counter growing Chinese influence in the Asia Pacific.
The inaugural Trade and Investment Framework Agreement (TIFA) meeting between the United States of America (USA) and Fiji was held virtually.
Apart from being the first trade and investment agreement signed between the United States and Fiji, the US-Fiji TIFA is also the first Agreement signed by the US with a Pacific Island Country.
Fiji - China talks on the Free Trade Agreement are progressing, Fijian Trade Minister, Premila Kumar says.
Papua New Guinea Prime Minister Peter O’Neill says he would like to explore the possibility of a free trade agreement between Fiji and PNG.
The dialogue will cover political and economic developments in Fiji and EU and other aspect including the upcoming general elections, climate change, economic partnership agreement, human rights and development cooperation.
Fiji and Papua New Guinea have held talks with Britain to ensure trade isn’t disrupted post Brexit.
PNG and Fiji’s unwillingness to participate demonstrates that the agreement is heavily skewed towards the interests of Australia and New Zealand.
The fifth trade committee under the EU-Pacific states interim EPA brought together Papua New Guinea, Fiji, and the European Union. Solomon Islands and the Samoa were invited to participate as observers.
The Minister for Industry, Trade, Tourism, Lands and Mineral Resources said the meeting involved discussions on the ‘way forward’ with the Melanesian Spearhead Group Trade Agreement.
Fiji’s trade minister Faiyaz Koya says Fiji will approach Australia after missing out on the conclusion of the PACER Plus talks.
Fiji did not pull out of the PACER Plus trade negotiations. It had been excluded.
PNG and Fiji’s rejection shows that the agreement is heavily skewed towards the interests of Australia and New Zealand - despite early rhetoric that the agreement was about development needs.
The deal could be signed as early as April and without the two biggest Pacific Island economies, PNG and Fiji.
Pacific Island countries are expected to sign the proposed regional trade deal called PACER Plus next month.