$14.3m Pacific trade project
January 27, 2021 12:47 pm
EU Ambassador to Fiji Sujiro Seam and Pacific Island Forum Secretary General Dame Meg Taylor.
A new agreement between the European Union and the Pacific Island Forum will enable duty-free and quota-free access to the EU.
The new trade project is worth $14.3 million Fijian Dollars.
It aims to increase trade opportunities in the Pacific by strengthening institutional and human capacity in the region.
EU Ambassador for the Pacific, Sujiro Seam says all the Pacific Island countries can access duty-free and quota-free access to the European market.
“The purpose of this and the expected impact of this project is to help the countries in the Pacific to take full advantage of their regional trade and increase their capacity to face international competition and get in the market share in international trade including the European market.”
Pacific Island Forum Secretary General Dame Meg Taylor says the project is just what the region needs.
She says Forum has worked closely with the EU to conclude the program.