Fiji is actively enhancing its trade relations with the European Union (EU) through the full implementation of market access commitments under the Interim Economic Partnership Agreement (IEPA). Deputy Prime Minister and Minister for Trade Manoa Kamikamica emphasized that this initiative will not only safeguard existing market access but also create new economic growth opportunities, particularly in the fisheries sector [b17b9df5].
The IEPA allows Fiji to source fish from approved foreign flag vessels and export it duty-free to the EU, which is expected to significantly benefit the Fijian economy [b17b9df5]. Kamikamica assured that ongoing communication with the EU will address any implementation challenges that may arise, reinforcing Fiji's commitment to maintaining a strong trade relationship [b17b9df5].
In addition to strengthening ties with the EU, Fiji is also enhancing its bilateral relations with the United States, focusing on economic growth, defense, security, tourism, trade, investment, climate resilience, and people-to-people connections. This commitment was highlighted during a meeting between Fijian Prime Minister Sitiveni Rabuka and US Deputy Secretary of State Dr. Kurt Campbell on August 29, 2024. Prime Minister Rabuka praised the US for its support of Fiji and the broader Pacific region, particularly in socio-economic development and climate resilience initiatives [62e7706e].
As part of this strengthened partnership, plans are underway to establish a USAID regional office in Suva, which will facilitate more effective aid and development projects in the region. Additionally, the expansion of Peace Corps operations in Fiji is anticipated to enhance community engagement and support [62e7706e].
Prime Minister Rabuka also emphasized the importance of the Fijian diaspora in the United States, noting their significant contributions through remittances and investments. Engaging the diaspora is a priority for Fiji, especially with the recent reopening of its Embassy in Washington, D.C. This move aims to foster stronger connections and collaboration between Fijians abroad and their home country [62e7706e].
The collaboration between Fiji and both the EU and the US comes at a crucial time as both nations face challenges related to climate change. The commitment to climate resilience is particularly vital for Fiji, which is susceptible to the impacts of rising sea levels and extreme weather events. The partnerships aim to leverage expertise and resources to bolster Fiji's capacity to address these challenges [62e7706e].
