Fiji will not commit to the Pacific Agreement on Closer Economic Relations (PACER) Plus if it does not align with the nation’s interests. Deputy Prime Minister Manoa Kamikamica made this statement during PACER Plus consultations held in Suva. The coalition government is actively considering the potential implications of joining the trade and development agreement.
Although Fiji participated in negotiations for PACER Plus, it chose not to sign due to concerns over insufficient benefits and the potential risks involved. Kamikamica emphasized that Fiji’s engagement in these negotiations was intended to promote regional collaboration and ensure trade agreements effectively contribute to development.
He acknowledged the necessity of enhancing Pacific trade but underscored the importance of careful evaluation. The agreement promises to create jobs, stimulate economic growth, and enhance the livelihoods of Fijians through improved market access and trade opportunities.
Kamikamica pointed out that the economic landscape has undergone significant changes both domestically and globally. He stressed the need for a thorough analysis to determine if the current form of PACER Plus aligns with Fiji’s development objectives and adequately addresses the structural transformations required within the Fijian economy. This includes expanding the country’s limited export base, strengthening supply chains, and addressing trade deficits, particularly with Australia and New Zealand.
He reiterated the government’s obligation to ensure that any trade agreement entered into is fair, equitable, focused on development, and beneficial to Fiji. It is essential to protect national interests and ensure that the advantages of any agreement are tangible for the people. Kamikamica highlighted the need to reassess whether Fiji’s initial decision to remain outside PACER Plus continues to serve the nation’s best interests, emphasizing collaborative efforts to determine if PACER Plus can fulfill its promised role in fostering sustainable development.