Debt traps and doing business

Pacific governments are putting hope in high-value exports such as kava. Photo:PHAMA Plus

By Samantha Magick

Tourism may be the poster child of the Pacific’s post-COVID economic crisis, but it’s not the only sector that has suffered. A stark example of the challenges that border closures are causing came in reports from Cook Islands this month, where farmers are reportedly being  forced to kill off oysters because off a lack of highly-skilled Japanese technicians in country.

It’s a story that is repeated across the region. And it’s prompted business leaders to ask the region’s governments to state clearly what a . . .

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