Fiji Time: 4:05 AM on Sunday 29 May

Fiji Times Logo

/ Front page / News

Private sector role vital

Repeka Nasiko
Thursday, March 06, 2014

THE European Union believes the private sector plays an important role in economic development, says EU deputy head of delegation to the Pacific Johnny Engell-Hansen.

While speaking in Nadi earlier this week, Mr Englell-Hansen said the private sector contributed to employment and wealth creation and thus to the reduction of poverty.

"The Cotonou Agreement, which binds the EU and the African, Caribbean and Pacific countries together, dedicates considerable attention to private sector development as a key ingredient of economic growth and poverty eradication," he said.

"It was in this spirit that the ACP Business Climate facility, or BizClim in short, was established in 2006 in order to help create an enabling environment in ACP countries.

"It is aimed at providing technical assistance for the improvement of the business and investment climate."








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.61880.5998
JPY 52.941849.9418
GBP 0.32410.3161
EUR 0.42560.4136
NZD 0.71310.6801
AUD 0.66260.6376
USD 0.47860.4616

from

$0.00

Exchange Rate updated on 27th May 2016

Today's Most Read Stories

  1. 13 for Rio
  2. Manslaughter earns Lali 3 months, 21 days in prison
  3. Man jailed for raping cousin
  4. Police to beef up security at Bati ni Tanoa show
  5. Farmer walks
  6. 10 years for rapist
  7. Fiji Times Online most powerful
  8. FRA: Lack of compliance
  9. Best improved cadet
  10. TIV Sangam AGM called off amid chaos

Top Stories this Week

  1. Son crushed to death, parents seek answers Tuesday (24 May)
  2. Tears of joy for Jerry's family Thursday (26 May)
  3. Ryan gutted Tuesday (24 May)
  4. Hayne, Ryan miss out Wednesday (25 May)
  5. Hayne's Rio barrier Monday (23 May)
  6. Family, friends bid farewell to navy officer Sunday (22 May)
  7. Families live in fear Friday (27 May)
  8. Remains of missionary receives a proper burial 200 years later Friday (27 May)
  9. Life of sacrifice Sunday (22 May)
  10. 7s fans disappointed Thursday (26 May)