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Tuesday, 19 June 2012

Pacific-EU EPA needs to “pro-trade”and “pro-development”

According to the Fijian Attorney General and Minister for Industry & Trade, recent statements attributed to him in an article in the Fiji Times entitled "Fair Agreement" were inaccurate. The article incorrectly quoted the minister stating that the EPA was irrelevant to some of the smaller Pacific ACP countries. "First and foremost, the Economic Partnership Agreement (EPA) we are negotiating with the European Union has the potential to benefit all the Pacific ACP States, including the Small Island Developing States (SIDS) like Niue, Tuvalu and Kiribati", he stressed.
He also said that it should be noted that diversity exists in all 6 of the ACP regions.. “This is precisely why the EPA between the Pacific and the EU needs to be pro-trade and pro-development, to enable the Pacific countries to broaden their export and economic base and find market opportunities in Europe. The EU will also gain through the duty free-quota free access into the Pacific market, under the EPA", he noted.

Source: The Fiji Times