Pacific Islands Forum Trade Ministers have reaffirmed their dedication to a global trading system based on established rules, calling for immediate reforms to the World Trade Organization (WTO) in light of increasing global trade uncertainties. This call comes as they prepare for the upcoming WTO Ministerial Conference in Yaoundé, Cameroon, scheduled for March 2026.
In a joint statement released after their meeting on July 18, the Ministers emphasized the significance of regional solidarity in navigating the challenging global trade landscape. They acknowledged the crucial role that trade plays in the livelihoods and prosperity of the Pacific region, particularly for small and vulnerable economies.
The Ministers expressed their commitment to constructive dialogue aimed at fostering a sustainable and inclusive future. They highlighted the disproportionate effects of trade disruptions on vulnerable economies in the Pacific, emphasizing the need for collective action. Their statement called for support in several areas, including:
1. Reaffirming the collective commitment to the preservation of the WTO and its rules-based system.
2. Advancing urgent reforms for a fully functional dispute settlement system accessible to all WTO members.
3. Committing to ratify the WTO Agreement on Fisheries Subsidies to tackle overcapacity and overfishing, in alignment with Sustainable Development Goal 14.6.
4. Promoting progress in essential sectors such as agriculture, development, services, and e-commerce.
5. Recognizing the importance of Aid-for-Trade and supporting vulnerable countries to build resilience against external shocks.
6. Acknowledging trade’s role in addressing environmental and climate change challenges.
The statement also expressed strong support for Cameroon in its role as host of MC14 and called upon development partners to engage with Forum members through mutual respect and dialogue based on shared historical, cultural, and economic ties.
These discussions resonate with previous calls from Tongan officials for unified action among Pacific nations facing challenges such as the aftermath of the pandemic, climate change, and supply chain disruptions. The emphasis on inclusivity and sustainability in trade policies reflects a growing commitment towards fostering resilience and prosperity for all Pacific communities.
As the Pacific Islands Forum leaders continue to engage on these critical issues, they remain hopeful that through collaboration and thoughtful reforms, they can navigate the complexities of the international trade landscape, ultimately leading to a more equitable and sustainable future for the region.
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