sex hikayeleri interior desing escort fethiye escort denizli porno hikaye kredi kartı borç sorgulama sitesi yayında ziraatbank borç sorgulama
FIJI NEWS
October 05, 2012 12:00:00 AM
  Follow @ Twitter

Fiji's Attorney General and Minister for Industry and Trade, Aiyaz Sayed-Khaiyum, today congratulated Papua New Guinea on its move to remove duties from most of the products listed on the country's negative list, ahead of the timeframe prescribed in the MSG Trade Agreement.

He said the government has been calling on all member nations to fully implement the MSG Trade Agreement.

“We are pleased that PNG has heeded our call, as this will bring tangible benefits to Fijian exporters and will create jobs in Fiji.  It will also benefit Papua New Guineans, who will be able to enjoy quality Fijian products at competitive prices," he said in a statement.

“This has been a positive move by the PNG, which shows the true spirit of MSG. It has also signalled to other Pacific Islands Countries the commitment MSG countries have toward regional trade and economic integration.”

The Melanesian Spearhead Group, in 2005, revised the MSG Trade Agreement in order to remove all barriers to trade in the sub-region. It, however, allowed members to maintain tariffs on selected products (in a so-called negative list), which is an impediment to full trade liberalization.

“PNG is a lucrative and rapidly growing market in the region, with a total population of more than 7 million, and offers many exciting new prospects for Fijian businesses and new opportunities for job creation."

Fiji’s annual exports to PNG are approximately $7.6million (Fiji’s imports approximately $4.2 million from PNG annually), the majority of which will now enter PNG duty free.

PNG has maintained tariffs only on mackerel, salt and sugar, while the rest of the more than 400 items in their negative list have become duty free with the recent gazettal.

“The Ministry of Industry and Trade will work closely with the Fijian industries, to enable them to fully understand the rules and requirements of the MSG Trade Agreement so that more trade can take place under the Agreement,” said the Minister.

The landmark Memorandum of Understanding on the movement of skilled labour has given further impetus towards the sub-region achieving common economic union status.

There are tremendous benefits to be gained with the movement of skilled personnel in the MSG region, by creating opportunities for employment and meeting particular needs for skilled labour.

By Reginald Chandar

Euro 2016


PREVIOUS STORY
Escapees want independent medical service
NEXT STORY
CCF pleads not guilty

Post a Comment
Bookmark and Share

 


Posted Comments
No comments, but you can post the first comment!
   





Should tougher laws and penalties be introduced for those involved in drug smuggling in Fiji?
 Yes
 No


Poll Results: Current | Previous

Should tougher laws and penalties be introduced for those involved in drug smuggling in Fiji?
Yes
 85%
No
 15%



More Polls
Press Esc to close this window
BUSINESS
BOSCH enters Fijian marketWorld’s number two and Europe’s number one home appliances manufacturer, BOSCH has entered the Fijian market.
SPORTS
Farina to rejoin team in PNGVodafone Fiji national coach Frank Farina will rejoin the team in Papua New Guinea later today after sorting out his visa.
WORLD
Pope prays for peace in Syria, KoreaPope Francis prayed for a "political solution" in Syria and for "reconciliation" on the Korean peninsula in his first Easter Sunday message in front of a crowd in St Peter's Square.
TECHNOLOGY
Fiji receives ICT awardFiji’s efforts in harnessing its ICT sector has been recognised by the International Telecommunications Union and Prime Minister Voreqe Bainimarama yesterday received the ICTs in Sustainable Development Award in New York.
ENTERTAINMENT
Hillsong United named top Christian artist at Billboard awardsHillsong United was named top Christian artist at the annual Billboard Music Awards on Sunday.
FIJI NEWS
Man gets 9 years for raping teenThe High Court in Suva today sentenced 41-year-old Nitendra Prasad Bilash to 9 years and 11 months for raping a 16-year-old girl at his residence in 2013.
NEWS SPORTS INFOTAINMENT MOBILE HOT TOPICS FOLLOW US ON