Fiji hit with 32% US tariff under Trump’s new trade policy
Fiji will now face a 32% tariff on its exports to the US, with water exports to be hardest
Trade
PNG’s 2024 trade with China exceeded K17.8 billion
The volume of trade between China and Papua New Guinea in 2024 exceeded K17.8 billion (US$4.39 billion)– with a surplus of more than K7.5 billion(US$1.85 billion) on the PNG side. In recent years, more Chinese
Fiji exported goods worth K43.9million to PNG in 2023
Fiji’s exports to Papua New Guinea reached more than FJD$25.3 million (about K43.9 million/US$10.93 million) in 2023, with items such as electric conductors, sweet biscuits and garments, according to Fiji’s Deputy
AFBC, Investment Fiji to launch definitive Trade & Investment guide for 2025
The Australia Fiji Business Council (AFBC) and Investment Fiji have announced the launch of the Fiji Trade & Investment Review 2025, a comprehensive annual publication that aims to equip businesses and investors
Fiji mission to PNG targets $100m trade opportunities
Fiji aims to secure 20 qualified investment and trade opportunities with a projected combined value of at least $100million (US$50 million) by engaging with key stakeholders in Papua New Guinea (PNG). A delegation of
Fiji and PNG trade imbalance a concern
Papua New Guinea’s acting high commissioner to Fiji, Bill Olmi has expressed concern over the current trade between Fiji and PNG. Speaking during the revival of Fiji & PNG Business Council event in Suva
SAFE Pacific: Empowering Small Island Nations for Safer and Stronger Trade
Small ACP (African, Caribbean, Pacific) states boast a rich diversity of cultures and resources, giving them significant potential for greater trade and market opportunities. International trade plays a crucial role in
PNG oil and LNG shipments face ban on foreign waters if waste oil issue not addressed
Papua New Guinea will face a grim reality of a ban on its shipping or oil and hydrocarbons into international waters if it continues to ignore the implementation of a domestic waste oil policy that is 28 years
Tonga did not sign the Samoa Agreement
Tonga did not sign the Samoa Agreement, that took place in Samoa last week. Tonga’s Minister for Foreign Affairs, Fekitamoeloa ‘Utoikamanu, said that there is a requirement in order to formalise Tonga’s
Apia hosts signing of new EU-ACP Samoa Agreement
More than two decades ago, the European Union and a group of African, Caribbean and Pacific (ACP) states were due to meet in Suva, to sign a new partnership agreement. But the ceremony, scheduled for June 2000, never
Forum to develop regional strategy on labour mobility
The annual meeting of Trade Ministers from the Pacific Islands Forum in Fiji has agreed on the need to develop a regional strategy on labour mobility in the Pacific, citing the welfare of workers from Pacific Island
Civil Society call for release of Indo-Pacific Trade Pact Text
Pacific civil society groups are calling for the release of agreements and key documents from the Indo-Pacific Economic Framework (IPEF). A letter was sent to Trade Ministers after the May meeting of Trade
PNG’s trade ties with China are set to strengthen
Richard Maru, PNG’s trade minister, was startlingly direct at the Australia–Papua New Guinea Business Forum and Trade Expo held in Port Moresby last month. “Enough is enough,” he said, complaining that two-way
PNG Trade office in China eyed
China will be one of eight countries where Papua New Guinea will establish trade missions, Papua New Guinea’s Trade minister says. International Trade and Investment Minister Richard Maru said this following a recent
Opening the window
Vanuatu is leading the region in the use of an Electronic Single Window System to ensure trade documentation is organised in a more efficient and transparent way. The manager for the Electronic Single Window Project,
PICTA in the slow lane
My article published in this magazine in June 2021 was entitled ‘Fast-tracking PICTA’. This was a reference to the Pacific Island Countries Trade Agreement, a Free Trade Agreement (FTA) intended for the Pacific
Promising future for Pacific exporters: PTI Australia
Pacific Trade Invest (PTI) Australia says despite half of the businesses responding to its export survey noting a decline in export orders over the past year, businesses are optimistic about the future. The most recent
A ‘Can Do’ Spirit For MSG and Melanesia
“In terms of the broad Melanesian Spearhead Group family, my intention is to re-institute the spirit of ‘can do’ that characterised the MSG when it was first formed in the 1980s.” That’s Leonard Louma, the new
China, PNG discuss free trade deal
China and Papua New Guinea held talks on a free-trade deal Friday, as Beijing’s foreign minister wrapped up a landmark tour of the Pacific Islands with a stop in the resource-rich nation. Papua New Guinea’s
PTI Australia delivers record Pacific investment deals
Pacific Trade Invest (PTI) Australia has recorded more than AUD$27 million (US$12 million) in export deals and a 17 investment deals facilitated in the region, despite the challenging pandemic environment. The Pacific
Kava: brewing up a storm
There’s a storm brewing over the Pacific as a Queensland town mayor suggests kava could be grown in
Inclusivity is expedient for PACER Plus
I wrote: ‘Re-Negotiated PACER Plus for Post-Covid-19 Pacific Regionalism’ for the July 2020 Island Business issue. This was pitched particularly at strengthening Pacific regionalism (Pacific Islands Forum) as a
Inclusivity is expedient for PACER Plus
I wrote: ‘Re-Negotiated PACER Plus for Post-Covid-19 Pacific Regionalism’ for the July 2020 Island Business issue. This was pitched particularly at strengthening Pacific regionalism (Pacific Islands Forum) as a
