The Minister for Commerce, Trade, Tourism and Transport, Hon. Faiyaz S. Koya met with the Australian High Commissioner, H.E. John Feakes and New Zealand High Commissioner, H.E. Jonathan Curr, to discuss areas where the three nations can cooperate to jump-start the regional economy.
“The Ministry is currently working on a number of economic recovery strategies that looks at new and innovative industries and reviving those industries that are crucial for the Fijian economy”, said Hon. Koya.
“The Ministry is exploring options in securing market access for crucial products, outsourcing businesses, as well as tourism and investment opportunities in our key markets, commencing with Australia, New Zealand and Pacific Island Countries”, he added.
Minister Koya stated that continuous dialogue with Australia and New Zealand, Fiji’s two key trading partners, under the broader umbrella of ‘Vuvale’ or family was critical at this point. Solutions could be found through collaboration in order to create more business, investment and jobs in this challenging environment.
The meeting further discussed how the three nations could work together to ensure continuity of trade and economic relations. Australia and New Zealand are amongst Fiji’s top 5 trading destinations and on average, account for 70 percent of visitors to Fijian shores.
There was general consensus on the need to start developing strategies, protocols and rules around cross border movement of people and trade so we are able to capitalise on the opportunities in our key industries.
The meeting discussed and exchanged economic policies and strategies that each Government was engaging in to ensure continuity of business in their respective jurisdictions.