Friday, March 29, 2024
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Fiji, NZ trade surpasses $800 million

Minister for Trade Manoa Kamikamica says imports and exports between Fiji and New Zealand are valued at over $800 million.

Speaking at the 2023 Fiji Investment and Trade Mission to New Zealand, Kamikamica said both countries share close trade and investment ties, while at the same time expanding opportunities for both New Zealand and Fiji.

He said New Zealand continues to register as one of Fiji’s largest trading and investment partners, while at the same time investments in Fiji from New Zealand continues to grow.

Kamikamica said the two main sectors of investments from New Zealand are Tourism and Services.

“The two-way trade between Fiji and New Zealand is $813.9 million in 2021. We aim to increase our two-way goods and services, reduce barriers to business, and encourage private sector development.”

Kamikamica indicated that both countries can leverage the potential strength of both Fiji and New Zealand’s economic relations.

He said efforts are being made to increase the volume of exports and range of products from Fiji to New Zealand.

“We need to ensure that our engagement and B2B discussions will result in direct investments into Fiji from NZ. For the whole week, this will be my Mission and that of my teams,” Kamikamica added.

Ilaitia Ravuwai
Ilaitia Ravuwai
Journalist | news@fijilive.com

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