Policy governs trade talks

Fiji'S participation in all the trade negotiations such as the Pacific Agreement on Closer Economic Relations Plus (PACER Plus) will be governed and guided by the trade policy framework.

And according to Ministry of Industry, Trade and Tourism permanent secretary Shaheen Ali, the policy had been approved by Cabinet and would be launched soon.

Mr Ali made the comment while addressing participants at the dedicated workshop on product specific rules of origin in Suva this week.

He said the trade policy would play a vital role in all trade agreements.

"The trade policy framework will oversee and direct the administration and conduct of our engagement in all bilateral, regional and international trade, with a view to ensure smooth integration of Fiji into the global trading environment," Mr Ali said in a statement.

He said the framework had extensive input from all stakeholders including the private sector, adding the rules of origin was a component of the PACER Plus negotiations, which Fiji had recently joined.

"This is a conscious decision of the Fijian Government based on the fact that Fiji's participation will add credibility and purpose to the PACER Plus.

"Rules of origin will enable Fijian businesses and businesses from Australia and New Zealand to benefit from preferential treatment under PACER Plus."

(Source: The Fiji Times)