The Melanesian Spearhead Group (MSG) will have to work on the new and stronger MSG trade agreement (MTA) before the finalisation of the Pacific Agreement on Closer Economic Relations (PACER) Plus.
Since 1981 when Pacific states had a preferential trade agreement with Australia and NZ and the successor PACER in 2002, the old ways of doing business has changed.
PACER-Plus is shaping up as an agreement that won’t fit into the Pacific reality, will have weak protections for Pacific businesses and undermines the ability of governments to enact policies to support and nurture vital Pacific industries.
Fiji may consider pulling out from the Pacific Agreement for Closer Economic Relations or PACER plus.
Despite receiving little attention in Australia, efforts to establish a new regional trade agreement are raising eyebrows among Pacific neighbours
Agreement must be development-centered
While Fiji has rejoined the Pacific agreement on closer economic relations (PACER) Plus negotiations after a lapse of more than five years, the road to reaching a mutual agreement has not been easy.
Chinese Premier Li Keqiang on Thursday asked for progress in the joint feasibility study of a China-Fiji Free Trade Agreement (FTA).
Fears of the collapse of Fiji’s multi-million dollar sugar industry prompted its government late last month to opt for an Interim Economic Partnership Agreement (IEPA) with the European Union. Islands Business magazine investigated.
The Pacific Network on Globalisation (PANG) has expressed concern that the government of Fiji has announced its decision to ratify the Interim Economic Partnership Agreement (IEPA).
Fiji’s done a back-flip and said yes to an interim Economic Partnership Agreement with the EU.
An economic partnership agreement with the EU will expire in two weeks, but the Fiji Sugar Corporation says there are other, almost equally lucrative markets to sell to.
The rules of origin (ROO) in the context of Economic Partnership Agreement (EPA) provides Fijian exporters the maximum flexibility to export Fijian Made and Fijian Grown products into the European Union.
The European Union has acknowledged the seriousness by both Fiji and her Pacific neighbors who are part of the African Caribbean and Pacific group to conclude negotiations into the Economic Partnership Agreement.
The Melanesian Spearhead Group (MSG) of which Solomon Islands is a part of, is now ready to implement its Free Trade Agreement between at least three of its four members.
As the start of trade talks on a comprehensive Economic Partnership Agreement with the European Union nears, African Caribbean Pacific countries have been urged by Fiji’s trade minister not to allow themselves to be forced into a deal that undermines each country’s independence.
Fiji Network for Positive People believes that the Asia Pacific Network of People Living with HIV/AIDS meeting will be an opportune time to advocate for continuing availability of generic Anti Retro Viral treatment in the face of threats from Free Trade Agreement negotiations.
Australia’s Labor government has approved an extension of the South Pacific Regional Trade and Economic Cooperation Agreement (SPARTECA) with Fiji despite remaining "deeply concerned about the human rights situation in Fiji."
Attorney-General Aiyaz Sayed-Khaiyum has questioned the merits of trade agreements that serve to benefit the economically powerful more than developing economies.
Any regional economic agreement that excludes Fiji will be an ineffective instrument for trade and development says Trade Minister Aiyaz Sayed-Khaiyum.